Right now, looking at the AMM curve, it’s just like waiting for the bus—obviously the vehicle is moving, but you still think you’re not losing by standing still… When the price runs, impermanent loss quietly empties your pocket. Market making is really not a free ride; the small fees earned sometimes can’t even compensate for the “slippage” you experience.

Recently, with on-chain games experiencing inflation plus studios rushing in, token prices spiral downward, and the pools are even worse: waiting for confirmation, waiting for a correction, waiting for project teams to figure things out—what you might end up with is your assets shrinking from both sides… Honestly, I’ve been impulsive too; seeing the APR makes me itchy, only to realize I’m working for volatility. For now, I won’t add to the pool; I’ll wait until I figure things out myself.