The following are some of our most common Leverage Taker questions:
Is my position “Locked” for the lifetime of the position?
What happens if OUSD losses peg?
Why do users need to pay upfront for access to leverage?
What happens to the NFT after the position unwinds?
Will I lose my funds if I don’t redeem them before the position expires?
How are you different from other lending and borrowing protocols?
How does the leveraged position change over time?
What wallets do you support?
For a Step by step guide to opening and closing a position please click here:How To Open a Leveraged Position (Step-by-Step)How To Close a Leveraged Position (Step-by-Step)
Archimedes is an experimental protocol and carries significant risks: Smart contract risk, economic model risk, risk that the assets Archimedes introduces and many other types of known and unknown risks. Archimedes' team never provides investment advice. This article is NOT financial advice. DYOR. Participate at your own risk.