DeFi

Yep, LVR discussions are much more interesting than a lot of other defi discourse imo. It’s an actual problem—money left on the table— that theoretically has a solution, unlike IL which has neither. But where a lot of of LVR chads go wrong is assuming all onchain LPs think about LPing as some professional HFT market maker. 
Most LPs would be very happy with automatically executing/conditional range orders.

The FLAIR paper is a great read as well!

The funniest part about Defi is most of the issues and losses are purely due to language 

> impermanent loss
> yield farming
> rewards

It was all a psyop