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Recently, I saw someone say that AMM liquidity provision is just "putting it there to generate interest"... Basically, the curve is helping you automatically buy low and sell high. When the price deviates, your position is passively shifted to the weaker side. Impermanent loss isn't some mysticism; it's just you using "volatility" to exchange for "fees."
Is the fee enough to cover it? You need to calculate that. If you don't, don't do it. Especially when the market is fluctuating up and down, the smoother the curve, the more it feels like you're handing others a flying knife.
Also, hardware wallets are out of stock, yet there are still a bunch of people clicking phishing links. That's really ridiculous... No matter how detailed the on-chain gains are, if you lose your private key, it's zero.
I treat complexity as an enemy: only strategies that can be explained in one sentence are worthy of position sizing.