Recently, I saw someone say "Just put your coins into the pool and sit back to collect fees," and I... kind of want to sigh.

The AMM curve, to put it simply, is just you continuously buying low and selling high proportionally.
Once the price starts moving, impermanent loss will slowly eat back your small fees, especially during a one-sided market trend, it might not even be worth it.

Others think: Market making = low-risk savings account.
In reality: You are providing liquidity to the market with your own position, earning from volatility and trades, but losses can be quite real too.

By the way, recently the debate over privacy coins/mixing compliance has been very intense, and I’m too lazy to authorize randomly anymore...
Anyway, before market making, I always check the curve and calculate the worst-case scenario, and I regularly clear wallet permissions—my OCD is saving me.