From 6ba1663fefe97a49988d5b6a9e387d77b286a32a Mon Sep 17 00:00:00 2001
From: jackburrus <jhburrus3@gmail.com>
Date: Mon, 16 Oct 2023 14:41:42 -0600
Subject: [PATCH] updates faq

---
 .../src/ui/onboarding/FAQ/FAQ.tsx             | 124 ++++++++++++++----
 1 file changed, 95 insertions(+), 29 deletions(-)

diff --git a/apps/hyperdrive-trading/src/ui/onboarding/FAQ/FAQ.tsx b/apps/hyperdrive-trading/src/ui/onboarding/FAQ/FAQ.tsx
index 30752ef90..de49aec69 100644
--- a/apps/hyperdrive-trading/src/ui/onboarding/FAQ/FAQ.tsx
+++ b/apps/hyperdrive-trading/src/ui/onboarding/FAQ/FAQ.tsx
@@ -8,45 +8,111 @@ export function FAQ(): ReactElement {
         <span className="pb-2 text-h5 font-thin">FAQ</span>
       </div>
       <Disclosure
-        title={<span className="text-h6">What is a long?</span>}
+        title={<span className="text-h6">How can I get fixed rates?</span>}
         description={
-          <p className="">
-            Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do
-            eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim
-            ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut
-            aliquip ex ea commodo consequat. Duis aute irure dolor in
-            reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla
-            pariatur. Excepteur sint occaecat cupidatat non proident, sunt in
-            culpa qui officia deserunt mollit anim id est laborum.
-          </p>
+          <span>
+            By opening a Long and holding it to maturity. Opening a long
+            position in Hyperdrive implies purchasing Longs at a discount. These
+            tokens are redeemable for their full face value at maturity. The
+            market price you pay and the Long&rsquo;s value at maturity are
+            known upfront, which results in a fixed rate of return. Opening
+            Longs has an immediate impact on the market. The Longs&rsquo; market
+            price increases, which means the fixed rate decreases. Conversely,
+            closing Longs has the immediate impact of decreasing the market
+            price and increasing the fixed rate. Users can also take speculative
+            long positions. Read our docs to learn more about{" "}
+            <a
+              className="underline"
+              href="https://www.notion.so/Position-Types-249d2fc0f16847c283b6f4df00df9bd5?pvs=21"
+            >
+              Hyperdrive&rsquo;s Position Types
+            </a>
+          </span>
         }
       />
       <Disclosure
         title={<span className="text-h6">What is a short?</span>}
         description={
-          <p className="">
-            Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do
-            eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim
-            ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut
-            aliquip ex ea commodo consequat. Duis aute irure dolor in
-            reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla
-            pariatur. Excepteur sint occaecat cupidatat non proident, sunt in
-            culpa qui officia deserunt mollit anim id est laborum.
-          </p>
+          <span>
+            Simply put, a short is the opposite of a long. Opening a short
+            implies purchasing Short tokens at their market price which is the
+            same as the Long token&rsquo;s discount (i.e., the fixed rate
+            applied to the position size). Shorts accrue variable interest (APY)
+            on the full size of the position being shorted. Opening a Short
+            causes the market price of Shorts to increase (which also means the
+            market price of Longs decreases), while closing shorts has the
+            inverse effect. Users can take speculative short positions or use
+            Shorts for hedging other investments. Read our docs to learn more
+            about{" "}
+            <a
+              className="underline"
+              href="https://www.notion.so/Position-Types-249d2fc0f16847c283b6f4df00df9bd5?pvs=21"
+            >
+              Hyperdrive&rsquo;s Position Types
+            </a>
+            .
+          </span>
         }
       />
       <Disclosure
-        title={<span className="text-h6">How does LPing work?</span>}
+        title={
+          <span className="text-h6">
+            What are the benefits of providing liquidity?
+          </span>
+        }
+        description={
+          <span>
+            Liquidity providers (LPs) take potential revenue from 3 different
+            sources: <br /> - Trading fees from Longs and Shorts being opened
+            and closed by traders. <br /> - Variable rate on their idle capital
+            being deployed to the underlying yield source. <br /> - Profit (or
+            loss) resulting from taking the other side of traders’ positions.
+            Furthermore, LP capital isn&rsquo;t tied to a specific maturity
+            date, so these benefits remain until the funds are withdrawn by the
+            LP. <br /> Learn more about{" "}
+            <a
+              className="underline"
+              href="https://www.notion.so/LP-Profitability-0acf6928b88c4a33875221aa15ca62d2?pvs=21"
+            >
+              LP Profitability
+            </a>
+          </span>
+        }
+      />
+      <Disclosure
+        title={
+          <span className="text-h6">
+            Can I close my position before maturity?
+          </span>
+        }
         description={
-          <p className="">
-            Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do
-            eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim
-            ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut
-            aliquip ex ea commodo consequat. Duis aute irure dolor in
-            reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla
-            pariatur. Excepteur sint occaecat cupidatat non proident, sunt in
-            culpa qui officia deserunt mollit anim id est laborum.
-          </p>
+          <span>
+            Yes, Longs and Shorts can be closed at any time (except in rare
+            cases, learn more in the{" "}
+            <a
+              href="https://www.notion.so/11eefd1e09974551949803e16fe48afa?pvs=21"
+              className="underline"
+            >
+              docs
+            </a>
+            ). However, closing these positions before maturity implies selling
+            them to the AMM at the current market price. In other words,
+            positions that are closed early won&rsquo;t get the initially
+            expected rate of return, since their exit value depends on market
+            activity. Liquidity Provider (LP) positions don&rsquo;t have a
+            maturity date, so LP funds can be withdrawn at any time as long as
+            they&rsquo;re not currently backing other long or short positions;
+            if they are, LPs will receive Withdrawal Shares that represent
+            pending withdrawals that still share the same benefits of regular LP
+            capital. Learn more in the{" "}
+            <a
+              href="https://www.notion.so/9d3d21330909494d83608eddf7d518c5?pvs=21"
+              className="underline"
+            >
+              LP Shares
+            </a>{" "}
+            section of our docs.
+          </span>
         }
       />
     </div>