Bancor pauses impermanent loss protection citing ‘hostile’ market conditions

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Just when it’s most needed. Bancor has paused its impairment loss protection function on Sunday, citing “hostile” market conditions.

protocol often credited as the pioneer of the DeFi space, paused its impermanent loss protection function on Sunday, citing “hostile” market conditions.that the ILP pause is a temporary measure to protect the protocol and the users. The blog post read:

When a user gives liquidity to a liquidity pool, the ratio of their deposited assets changes at a later moment, potentially leaving investors with more of the lower value token, this is known as impermanent loss.

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Lmao right

Another reason not to pile in now

France Dernières Nouvelles, France Actualités

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