As an affected user I am happy to hear that this topic finally got some recognition beyond a few Discord replies.
I entered this pool at around $2400 ETH and had to leave it at the same price a few weeks later with -70% PnL. I used a healthy amount of leverage cis multiply but every +3% move led to huge losses as the rebalancing continuously led to losses no matter in which direction the price was moving. When ETH went down, the pool suddenly was hugely long eth, when eth went up the pool was suddenly extremely short ETH. I don’t see how this was supposed to work on an asset that is not stable. And as the pool attracted a lot of volume for Fluid and traction for the protocol in general based on the losses for the LPs, I really hope that there can be (1) reinbursements for the selected LPs and (2) better explanation in the docs and UI about the risks (don’t forget there was pretty much no warning and the treading APR was hugely advertised) and (3) improvements to mitigate the risks in V2.
Right now I feel very disappointed and left alone by the protocol. Please also make sure that users like me who had to close their position at some point with huge losses (a further rise in ETH would have totally wiped out my funds) get counted for any future distribution to make LPs whole.
Thank you for your understanding.