Recently, I've seen people say "Just throw it into the pool and earn passive income," and I really want to laugh... The AMM curve, to put it simply, is just making you constantly rebalance in the ups and downs. When the price moves, you're forced to buy high and sell low, and the fees earned may not cover impermanent loss, especially when volatility is high, it becomes very obvious. Market making is more like selling volatility, not just making easy money.



Some people also complain that miners/validators profit from MEV and that the ordering is unfair. Actually, the liquidity you put into the pool is also "being passed by." Slippage plus front-running stack up, making the experience quite poor. Anyway, I’m just waiting for confirmation, waiting for a pullback, waiting until I understand things better, then decide whether to leverage this setup. If I don’t understand the liquidation threshold clearly, I won’t touch it for now.
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