Recently, I saw someone say "Open a pool to collect fees and earn passive income," and I couldn't help but laugh... The essence of the AMM curve is basically you helping others match trades automatically. When the price moves, your position is rebalanced by the algorithm, and the fees earned sometimes aren't enough to cover impermanent loss. In other words, it's "making some pocket money while bearing directional risk."

Before I provide liquidity now, I always think through the possible price deviation range, including slippage, routing, and taxes. If it doesn't look good after calculations, I withdraw—preferably slower.
Oh right, recently the modular chains and DA layers have been causing a lot of excitement among developers, while users are completely confused. I’m the same—confused. But losing money in pools doesn’t require understanding DA… I’ll save a screenshot first and study it later.