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Recently, @ferra_protocol has gained attention in the DeFi space due to its multi-pool parallel design.
However, I've noticed a common phenomenon: many people who get involved in DeFi immediately focus on APY and accumulating points, rarely asking themselves a more important question: Are these already launched features truly suitable for me? Will using them incorrectly lead to losses?
When researching Ferra, I never prioritize yield or tasks; instead, I follow a fixed order of evaluation. If you follow this logic, you'll avoid pitfalls.
Today, I'll analyze Ferra in detail from the perspective of "how to use the already launched features effectively."
Step 1: Identify Pool Types
Ferra currently offers three main pool types: CLMM, DLMM, and DAMM.
In my opinion, this isn't a question of "which is better," but rather, you need to first clarify: are you a trader or a limited partner (LP)?
Traders are concerned with execution price, slippage, and depth;
LPs should be more concerned with the extent to which they need to actively manage the pool.
CLMMs are inherently designed for those willing to manage trading ranges and adjust positions. If you're not even willing to study the logic behind trading ranges, don't force yourself to be an active market maker; choosing a less stressful pool type is the responsible thing to do with your capital.
Step Two: Look at fees and trading structure, not just APY.
On Ferra, whether you can capture fees depends on the stability of trading volume and whether your range covers the main trading bands.
Many people lose money with CLMMs in similar ways: they set their ranges too narrow, which seems like high returns, but when the price moves, it becomes a one-sided asset, and they don't capture the fees but bear all the risk.
Multiple pool types are an advantage, but the choice and the outcome are entirely yours; the protocol doesn't guarantee anything.
Step Three: Tasks and points are only for reference, not a reason to trade.
I look at Points, Quests, and LPR Guidelines, but I never use them as a reason to trade.
High-frequency trading for the sake of tasks only amplifies slippage and wear and tear; in the end, you may seem to be "participating in the construction," but you're actually paying tuition.
Step 4: Before adding liquidity, ask yourself two questions:
1) If the price breaks out of the range, can I accept the asset becoming one-sided?
2) Do I have time to periodically adjust the range and collect fees?
If either of these is a no, I won't touch pool types that require active management.
Overall, @ferra_protocol isn't a protocol where you can make money with a simple click; it's more like a tool system divided into pool types and strategies.
If you understand pool types, fees, range management, and task incentives, it's a tool to improve capital efficiency; if you don't, it becomes a trap that amplifies random fluctuations.
The tools are already in place; the rest is up to you how you want to use them.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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