Recently, I saw someone call AMM a "passive interest earning machine," basically the curve is right there: when the price deviates, your position will automatically be swapped to the weaker side, and when you want to withdraw, you realize it's not the fees that are missing, but the impermanent loss silently eating away at you. Especially when the funding rate is extreme, and the group is arguing whether to reverse or continue squeezing the bubble, I actually become more cautious: at such times, when volatility is at its peak, market making is basically handing yourself over to the market to be whipped back and forth. Anyway, before I add to a pool now, I first consider the worst-case scenario as a "backup": keep the main position, only put in the acceptable redundancy in the pool, and also quickly check if the contract has any strange authorizations or callback points... Otherwise, if something really goes wrong, there's nowhere to even regret or recover.

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