is 70%+ when if i didnt use leverage it would be 4%? I provided avax/usdc to the pool with 60% avax, now only 40% of my LP is avax and i'm essentially shorting avax now somehow
Wondering the same. The math is fuzzy but i too seemed to get hit with more IL than anticipated.
it doesnt pencil out at all. my overall avax provided is less, and then i borrow more. my debt ratio doesnt change so my avax and the avax i borrowed is being sold off. its essentially like being liquidated whenever the price goes up.
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