Recently, I saw someone say "Just toss it into the pool and earn fees passively," and I couldn't help but laugh... The AMM curve, to put it simply, is just you passively rebalancing with the price. When the market moves apart, impermanent loss quietly eats away at you, and if the fees aren't thick enough, it might not even cover that. Market making is more like risk control: whether you're willing to tolerate volatility, when to withdraw, how to view correlations—all are developed over the long term, not some "gift." By the way, hardware wallets are out of stock lately, phishing links are everywhere, and if you lose funds because you clicked the wrong link, it's even more painful than impermanent loss... Anyway, I now prefer to do less fussing and focus on building safety and discipline steadily.

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