Recently, I saw someone say "Just throw it into the pool and earn passively," and I really want to pull him in to be a kid... The AMM curve, to put it simply, is that whenever the price moves, your position is passively bought and sold. When the price surges sharply, the coins in your hands actually decrease. Impermanent loss is not a scary term; it’s real and can eat up the transaction fees. Now, Layer 2 solutions (second-layer scaling) are competing in TPS, fees, and subsidies. It’s lively, but the most hurt by on-chain fluctuations are often market makers. Anyway, before I put my funds into a pool, I first calculate the worst-case scenario. If I can’t make a profit, I treat it as tuition. Don’t stay up late watching the pool and dreaming of guaranteed profits.