SuperPositions are minted to the chain you are depositing from (the source chain).
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Example: Depositing into a vault on Arbitrum from Optimism will result in a SuperPosition minted on Optimism.
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SuperPositions are tied 1:1 with the vault shares minted by the vault.

Example: Alice deposits into a vault which mints 130 ERC-4626 vault shares. These 130 ERC-4626 vault shares are locked in the Superform contract, and Alice is minted 130 SuperPositions.
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SuperPositions (and vault shares in general) are not necessarily tied 1:1 with token amounts or fiat amounts

Example: Alice deposits 50 frog tokens worth $100 into a vault which mints 130 vault shares (and therefore 130 SuperPositions).
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If you lose your SuperPositions, you lose the claim to your deposit.
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SuperPositions can be viewed on NFT marketplaces like OpenSea because SuperPositions conform to a modified version of the ERC-1155 standard.