Arbitrum

2026
For a $200 liquidity position, a dollar of fees is worth measuring carefully. I need to know how the token composition changed, what holding the original assets would have returned, and what I paid to open or close the position.
A supply-only position has no debt to liquidate. A borrow adds a repayment obligation and a collateral threshold I need to understand before opening it.
For a first lending deposit, I want to understand the receipt token and withdrawal path before adding debt. Supplying $200 of USDC is enough for this walkthrough.