Yield Farming, AMMs, and Real DeFi Trading: Practical Lessons from Active DEX Markets and My Own Failures
Whoa, seriously? I watched liquidity evaporate overnight in pools I trusted. My instinct said this would be temporary, but the math told another story. Initially I thought the protocol’s incentives aligned with long-term LP value, but then a cascading arbitrage and a fee model mismatch revealed fragility in ways I’d underestimated. Really? Here’s the thing, […]