Last night, I got itchy again and went to the pool to "earn while lying down," but the AMM curve really isn't meant for lying around... Once the price moved, the system quietly swapped my position to the side I least wanted, and by the time I realized it, I didn't lose much in fees, but the impermanent loss was quite real. To put it simply, market making is just selling volatility; if the market doesn't move as you expect, you might as well write a poem for yourself on the spot.


My colleague next to me also said, "Aren't you the most afraid of losing money, yet you still go?" I could only smile, indeed.
By the way, recently hardware wallets are out of stock, phishing links are everywhere, everyone should not just focus on returns—making a mistake with the address is way worse than impermanent loss... I'll first clear all authorizations and take a couple of days to cool down.
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