liquidity providing has been one of the core pillars of deFi for years.
the more i think about it, the more i realize how important LPs are to the ecosystem.
for years, people locked their assets in pools, earned fees, and helped markets function smoothly.
but now we're seeing more protocols talk about capital efficiency and doing more with less liquidity.
it makes me wonder if the traditional LP model is slowly changing.
or maybe i'm wrong.
is liquidity providing still as relevant as it used to be in crypto?