Last night I saw someone say "throw it into the pool and earn passively," and I really couldn't hold back… The AMM curve, to put it simply, is just automatically helping you buy low and sell high. When the market suddenly fluctuates, you'll find your coins decreasing, and the loss isn't necessarily recoverable just through fees. Impermanent loss sounds like "temporary," but many times if you don't withdraw, you're just stuck there.

Recently, RWA, US bond yields, and on-chain yield products have been compared all together. I've been looking into it too, but the more I look, the more I feel: most on-chain yields are just packaging risk to look better; don’t treat them as deposits. Anyway, after lowering my expectations, I feel more relaxed—earning less is okay, as long as I avoid getting wrecked, that's considered winning.