|Total Value Locked||24H|
|in ETH||5.4K ETH||-1.0%|
|in BTC||332 BTC||-1.2%|
|ETH Locked||2.5K ETH||+41 ETH|
|% Supply Locked||< 0.01%|
Impermax is a DeFi platform for unlocking the value of LP tokens. On Impermax, liquidity providers can use their LP tokens as collateral for loans. This opens up new opportunities for yield farmers to continue earning yields while accessing borrowed funds for trading, staking, or even providing more liquidity. Most importantly, users can use these borrowed funds to leverage their yields. Impermax achieves some of the industry’s lowest collateralization requirements and highest yield leverage with its unique collateral model. Every lending pool on Impermax is paired with LP token collateral of matching value. This means users can leverage their AMM yields up to x10 with a single transaction. Any time there is a big increase in yields, farmers can instantly increase their positions without adding any additional funds of their own. On the lending side, anyone can supply funds for permissionless loans on Impermax. When yield farmers use these borrowed funds for more yield, it means the lender is effectively providing liquidity to the AMM (indirectly through the borrower) with no risk of impermanent loss.
Visit impermax.finance and connect your Metamask or other Web 3 wallet to the app. Click on a token pair and choose whether you want to borrow or lend. Borrowers can deposit LP tokens from Uniswap V2 and immediately leverage them. Lenders can deposit tokens on any supported pair and start earning interest. Impermax can support every token pair on Uniswap V2. If you don’t see the pair you want, you can add it yourself via the Create New Pair UI.
Being a liquidity provider in DeFi has typically been associated with opportunity costs and risks, particularly the always dreaded risk of impermanent loss. As a liquidity provider, it is important to familiarize yourself with the concept of impermanent loss and determining when the risk to reward ratio is right. But the truth is you have …
The average person would describe cryptocurrency as highly volatile. And while this is true for many, there are coins designed to reduce volatility or stability commonly referred to as stablecoins. Stablecoins, particularly those pegged to the US Dollar, have dramatically risen in popularity thanks to the utility they provide to users and smart contracts alike. …
Alpha Homora was a DeFi product born out of practicality. Those familiar with DeFi can tell you that users will go to extraordinary lengths when they spot an opportunity. This proved to be especially true as the yield farming craze reached a fever pitch in 2020 when users would combine various lending protocols to leverage …
In traditional finance, leaner banking models without physical locations allowed online banks to cut costs and pass the benefits onto the customer. Banking services built on decentralized networks like Ethereum can offer even more advantages by further reducing operational costs such as securing assets which would traditionally be held in custody. Non-custodial protocols like DeFiner …