I'm not very good at explaining those "mathematical" things, but AMM basically means that the curve is taking the risk for you: when the price moves, your position is automatically swapped back and forth, and both upward and downward movements can turn you into "the one holding the more worthless coin that drops even more." Impermanent loss isn't just a scary term; it's like you think you're earning fees passively, but you're actually silently paying for volatility. Recently, hardware wallets have been out of stock, and phishing links are everywhere. I'm actually more worried that some people are rushing to buy in and provide liquidity while randomly clicking authorize... Before providing liquidity, check the authorization and contract address carefully. If you can revoke, do so. Don’t let the fees be earned only to have your wallet drained first. Anyway, I keep posting whenever I see anomalies; whether you listen or not is up to you.

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