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Why is the price of the leveraged token different from the spot price?

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ByEzreal

The price of Leveraged Tokens depends on the futures position of the underlying token, it does not reflect the price of the token, but its price increases and decreases with the price of it. The initial price of all leveraged tokens is 1.

For more details about leveraged tokens, click here.

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  1. I can close the bot and receive in token? If it hits stop loss mean token will be sold for USDT? If i want to hold token, does it mean i dun put "stop loss" at all ?
  2. Say a standard gird bot is currently making you profit and is price is above entry price. Assuming the price is gonna drop below entry price, would there be any merit to stoppinddg the bot and remaking one below your initial entry price?
  3. Hey all I have a question, say a standard gird bot is currently making you profit and is price is above entry price. Assuming the price is gonna drop below entry price, would there be any merit to stopping the bot and remaking one below your initial entry price?
  4. When i stop the bot the token will be "transfered" to my wallet in token form? So best i dun put stop loss right?
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