Recently, the group has been sharing screenshots like "a certain stablecoin is about to depeg" or "reserve audits are suspicious," and everyone's emotions are running high. I instead go check my own positions for LP... To put it simply, the AMM curve is very honest: when the price moves, your pool position is passively rebalanced, and the fees earned may not outweigh impermanent loss, especially during high volatility or chaotic news. The more actively you help the market by acting as a counterparty, the more it hurts. Market making is really not just sitting back and collecting fees; it's like running an automatic currency exchange machine—more passersby mean more work. Anyway, now I think carefully before adding to a pool: am I aiming to earn fees, or am I actually betting that the price won't move too far... That's all for now.