Recently, I saw someone compare AMM to a deposit machine again... Basically, the point about curve is: the pool automatically "buys low and sells high" proportionally; when the market fluctuates, your position gets rebalanced, and impermanent loss isn't scary—it's a side effect of the mechanism itself. Whether trading fees can cover it depends entirely on volatility and trading volume; it's not about just waiting passively for gains.



By the way, looking at social mining and fan tokens—those "attention is mining" schemes—I feel a bit hesitant: attention is indeed valuable, but traffic can heat up or cool down, which is even more volatile than the token price. In the end, it all depends on how rules are divided and how you exit; otherwise, it's just market-making driven by emotions.

I treat complexity as an enemy: don't believe in "guaranteed profit," first understand clearly what you're earning and losing.
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