Why it matters?
More and more people understand that traditional finances are very limited and have fundamental issues.
Decentralized Finances could fix many issues but have their own.
Liquidity Pools are fundamental blocks of building a decentralized economy. But over several years they hadn't attracted that many people due to their complexity and risks.
Concentrated Liquidity pools are even more advanced and provide the possibility of incredible returns
Like almost 1000% over the year on the example above^^
The trick is it is possible only over a short period of time due to market volatility. Hence, concentrated liquidity is even more difficult to manage and limit risks.
Even for experienced investors concentrated liquidity looks risky and difficult making them avoid that kind of investment.
The problem is that non-liquid markets attract fewer users which decreases returns and discourage investor therefore going in self-reinforcing cycles...
Considering that, a simple and risk-limited solution is highly beneficial.
It is where Spellbound Pools come into play.
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