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You get paid in the chosen asset rather than BNT

you mean?

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You only get BNT when IL occurs. Impermanent loss occurs when the value of two tokens staked diverges. Bancor's solution allows LPs to always walk away with their initial stake + fees + rewards. This may explain further for you: https://blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22

This might help explain: https://blog.bancor.network/how-to-stake-liquidity-earn-fees-on-bancor-bff8369274a1

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