DeFi was supposed to democratise finance, instead it's often building tools for the select few. Uniswap V3's (and v4) tick based AMM is a good example. It allowed sophisticated liquidity providers to concentrate capital and operate more efficiently, but in doing so it excluded the average participant out of the game. EulerSwap with its just-in-time liquidity model that lets sophisticated liquidity providers amplify their liquidity and create new novel onchain market making strategies. Yet, like Uniswap v3, it does not allow the average participant to compete with well capitalised actors and results in fragmented liquidity across many small most likely sub optimally configured pools.