@BehiverOnNoiseApp 26 November 2022 more from that month

ThorChain - Impermanent Loss Protection is a lifesaver https://leofinance.io/@behiver/thorchain-impermanent-loss-protection-is-a-lifesaver When we are Liquidity Providers on a DEX we often find ourselves in an impermanent loss position which might be scary and trigger unexpected exits with a loss if we panic. The Impermanent Loss occurs when one of your assets appreciates or depreciates relative to the other asset, it opens up an arbitrary opportunity for others to profit from because they are incentivized to equal the pools. And to counter these effects, ThorChain came up with an innovative way to keep investors at peace while the market moves in one direction and the other - Impermanent Loss Protection.