What Is Impermanent Loss? - How To Avoid Impermanent Loss With 3x Leverage on Francium | Vlog 50

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Hey Kyle. What's the risk on Tulip & Francium when it comes to Lending? Tx

Mr.Carter
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Kyle, since I've never done LP, I'm not aware of what I get upon closing out an LP position. Example: Day 1 I deposit $100 $USDC and 100 "other" tokens (token X)priced at $1 into an LP pool. So $200 total. Day 2, token X goes to $5 and I want to withdraw from the pool. Do I receive 100 USDC tokens plus 100 of token X? ($100 + $500)? Trying to nail down at what point the impermanent loss occurs.

Thank you!

thedr