Recently, I saw someone talking about "market making passive income," and I couldn't help but laugh... The AMM curve isn't for you to exploit for profit; it's settling based on price fluctuations. When prices go up or down, your positions are automatically sold or bought back. Impermanent loss, in simple terms, is you passively rebalancing according to the curve, and in the end, you might be better off just holding. Can the fees cover it? It depends on volatility and trading volume; it's not something you can just throw in casually.

Now, the testnet incentives and points system are the same. Everyone is guessing whether the mainnet will issue tokens when it launches. I'm more concerned about how the rules are written: whether it's based on trading volume, time duration, or "effective liquidity." Don't end up just providing liquidity and becoming a background for others to inflate their volume... Let's observe for a few days first. Being cautious is never wrong.