And if I lock less wx for 4 years...is better?

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Yes, the longer the term, the more gWX you get. In the case of 4 years, 1WX=1gWX

Wim Janssen
And is there any risk losing your fonds?

Hello! There are only impermanent loss, check this part of FAQ out: https://waves.exchange/liquiditypools/faq#impermanentLoss

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