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Last night, I saw the funding rate become extremely high again, with a bunch of people in the group shouting about taking the opposite side to eat the fees.
I was a bit tempted... but then I thought, I’m just an LP player, honestly I’m more afraid that volatility will turn the pool into a mess, and with impermanent loss, that small profit from the fee rate isn’t enough to cover the loss.
Once before, I also didn’t understand the market well and blindly took a position that looked “very stable,” but in the end, it kept bouncing back and forth, and the next day I stared at my position for half an hour in a daze, finally gave up and withdrew.
It’s really “if you don’t understand, don’t move first.”
Now, when I see such extreme rates, I prefer to stay away or just keep my stablecoin pool as a parking lot, and wait until the emotions settle before acting.
As for Layer 2, they’re always comparing TPS, fees, and even subsidies—it's lively, but I’ll just watch the pool structure first and not get caught up in the hype.
That’s all for now.