[quote]What Exactly happens when you die[/quote] You just die as far as we know. [quote] Do you lose some xp or some glimmer? [/quote] As of now, no. [quote] Do you have the view of one of you're teammates, in 1st or 3rd person, or is there a flying cam? [/quote] Also unknown although my guess is you have a re-spawn time until your friend revives you, if not you re-spawn at your base/tower. [quote] Do you die in real life?[/quote] Yes. Your body is then disposed of by interstellar space leprechauns, which will then turn you into glimmer, but it will be a half-assed job because the leprechauns aren't getting paid enough by the traveler.