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BINANCE LIQUID SWAP NOT LIQUID MADE ME LOOSE 25% OF MY MONEY INSTANTLY

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BINANCE LIQUID SWAP NOT LIQUID MADE ME LOOSE 25% OF MY MONEY INSTANTLY

I contacted binance customer support because I wanted to know why my shares value suddenly decreased out of a sudden while the corresponding asset-price did not change.

After some discussion I asked the following question:

Me: "So you mean that my k went down 25% because the pool was not liquid? "

BinanceSupport: " Yes, you're right. I can't see any other reason. "

In my question k = the constant in the formula x*y=k (see What Is Impermanent Loss | Binance Support )

This means: I Just lost 25% of my share value because for some reason the NEU/USDT pool was not liquid at some point. This is a huge risk that is not stated somewhere in the terms of use (atleast i did not find it)

BE AWARE, SHARE THIS AND DO NOT USE BINANCE LIQUID SWAP ANYMORE

https://preview.redd.it/t5v8sssetdu71.png?1002&format=png&auto=webp&s=ccb48dffccef40fd81d03ac062ae910a8115f8b1

What do you think? Is this normal or did I get scammed? Your opinion?

Please share your thoughts or PM for the full conversation.

submitted by /u/DonTom_0815
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