You care about his interest, but he is worried about your principal 😂, those who have been through it understand

Binance has stopped pretending and is telling people to create liquidity pools. Previously, a bunch of people said that creating liquidity pools could yield hundreds in annualized returns, urging everyone to hurry up. Most people probably don't really understand how to create LPs. There are pools next door with thousands in annualized returns. To put it simply, if the coin price is within your range, you can make money; the more volatile it is, the more you earn. However, once there's a one-sided market or it moves out of your range, you earn nothing, or you could even get stuck until it drops to zero. Now, many new users are attracted by alpha into this circle, where there are plenty of traps waiting for you to step into. Be cautious, peace.