These past few days, I've been looking at the AMM curve again, and the more I look at it, the more I realize that market making isn't just about sitting back and collecting fees... Once the price starts moving, your position gets "automatically rebalanced" to an undesirable ratio, and the small fees earned sometimes aren't enough to cover impermanent loss. Basically, you're taking on market volatility on behalf of the market. It’s quite similar to the economic collapse of blockchain games before—when inflation kicks in and studios flood the market, the coin price spirals downward, and people in the pool still think they’re "mining," but in reality, their net asset value keeps drifting downward. I’m now leaning towards being more conservative, preferring to earn fewer fees than to be dragged around by hot trends… Let’s see what happens.