Plain words

Glossary & honest answers

Use this page when a term slows you down. Each answer is short and source-cited.

All terms shown

LPX

A liquidity protocol name. It is not short for anything.

official glossary and hard questions; official PlusX docs
Fund token

The token you want yield on in an LPX pool.

official glossary and hard questions; official PlusX docs
Anchor token

The other side of an LPX pool. Yield is claimed in Anchor.

official glossary and hard questions; official PlusX docs
Ratio

The comparison between the Fund token and the Anchor token that LPX reads.

official glossary and hard questions; official PlusX docs
NTZ (No-Trade Zone)

The price band where the pool holds and does not trade.

official glossary and hard questions; official PlusX docs
Ratchet

The band moving after a trade while keeping the same size.

official glossary and hard questions; official PlusX docs
Buy/Sell Price

The lower and upper band edges where buying or selling starts.

official glossary and hard questions; official PlusX docs
Max/Min Price

The outer prices where the pool runs out of one side.

official glossary and hard questions; official PlusX docs
Liquid/Single-Sided/Dual/Directional

The four LPX type names.

official glossary and hard questions; official PlusX docs
Solo/Manager/Immutable

The three LPX mode names.

official glossary and hard questions; official PlusX docs
Manager

A pool role that can tune settings and earn a fee, but cannot take participant funds.

official glossary and hard questions; official PlusX docs
Tokenized position

A receipt token for a position.

official glossary and hard questions; official PlusX docs
PRC20 receipt

A token receipt for an LPX position.

official glossary and hard questions; official PlusX docs
APR

A rate shown by the app.

official glossary and hard questions; official PlusX docs
Impermanent loss

A pool risk that LPX reduces but does not remove.

official glossary and hard questions; official PlusX docs
Backrunning arbitrage

A way LPX can rebalance after traders move a market.

official glossary and hard questions; official PlusX docs
Keeper

A cycle that checks whether a pool trade should happen at a band edge.

official glossary and hard questions; official PlusX docs
PulseChain

The blockchain used by PlusX tools.

official glossary and hard questions; official PlusX docs
PLS

The native token used for PulseChain gas.

official glossary and hard questions; official PlusX docs
DAI

A stablecoin used as an Anchor example.

official glossary and hard questions; official PlusX docs
uP

A deflationary token in the PlusX family.

official glossary and hard questions; official PlusX docs
uPX

A token that works with uP buy-and-burn.

official glossary and hard questions; official PlusX docs
uPLS

A liquid staking token from ValidatorX.

official glossary and hard questions; official PlusX docs
USDL

The stablecoin borrowed from Smart Vaults.

official glossary and hard questions; official PlusX docs
Smart Vault

A PlusX tool for borrowing USDL against PLS.

official glossary and hard questions; official PlusX docs
FCR

A term listed in the official glossary.

official glossary and hard questions; official PlusX docs
DexScreener

A place where official docs say LPX trades can be checked.

official glossary and hard questions; official PlusX docs

Honest answers

Pool sold. Price kept rising. Did I lose?

official glossary and hard questions; official LPX overview

In ratio terms, the pool sold Fund for Anchor. If price never dips back, you may have fewer Fund tokens.

The pool sold one side for the other. If price does not come back, that can hurt you.

Is this guaranteed?

official LPX whitepaper; official LPX overview

No. LPX can win in swings and trail holding in a one-way trend.

No. It can do worse when price only goes one way.

Can the manager take my money?

official LPX overview

No. The LPX rules stop managers from taking member funds. A manager can still choose a bad strategy.

No. A manager cannot take your funds. A manager can still make poor choices.

What does it cost?

official LPX overview

There is no fee to enter, exit, or claim. A protocol fee applies only on profitable trades. Official examples are 0.28% of a trade for Single Sided and Dual LPX at NTZ 2.34%, 0.01% for Liquid LPX at NTZ 0.17%, and 0.56% per buy or sell for Directional LPX.

Entering, leaving, and claiming have no fee. Profitable trades can have a fee. Examples are 0.28%, 0.01%, or 0.56%, depending on LPX type.

Why did my pool stop trading?

official LPX overview

Price may have left the range, or gas may have run out.

The price may be outside the range. Gas can also stop action.

Where do fees go?

official LPX overview; official glossary and hard questions

Part of all LPX fees buys and burns uP and uPX. Beyond that, this site does not guess.

Some fees buy and burn uP and uPX. This site does not guess beyond that.