[..] This FRR really skews thing completely.
I like it. I do both liquidity "providing" and "taking" (on a smaller scale). As a taker, I can get larger sums without much slippage, most of the time. As a provider, I hit "auto", and everything works by itself. Yes, the rate isn't the maximum I could get by doing it manually, but with having the funds out nearly 100% of the time it's much more than doing it manually and having it in offers only.
And, to pick up on a great suggestion from some pages ago:
Creata a button where liquidity providers can extend the active time!
Ente