Create a new DEC:USDC v3 position with a range of 0 to 0.00101 on Pancake Swap

What happens when the price is above the high end of the range?
Does it mean that if DEC is above peg then this entire liquidity pool is unavailable for routing?

Won’t that result in larger slippage near “soft peg” if there is large buying demand, and this liquidity isn’t available? It also prevents the DAO from selling any DEC when demand pushes the price above the soft peg, so the buyer pays more and the DAO misses an opportunity (at which point all the PnL will be captured by arbitrage bots)

Maybe I’m not thinking of this correctly, but to me it seems like infinite liquidity would potentially serve better than range liquidity