Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Zircon Finance launches mainnet to address investors' challenges related to impermanent loss in DeFi.

As explained by Zircon, Float liquidity pools like ETH double their gains over regular pools but remain at the risk of impermanent loss. However, the AMM’s in-house Async LPing mechanism reduces the risk by at least 90%.

Too many people got burned by teams making fantastic but misleading claims about removing or compensating impermanent loss. In some cases, the mechanism they offer just doesn’t really do anything.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

or you just use Thorchain THORSwap with 100% IL protection after 100 days................

🚀 Thnks a millon.

🚀 Thnks a millon.

🚀 Thnks a millon.

IL is one of the biggest scams in crypto

🚀 Thnks a millon.

🚀 Thnks a millon.

🚀 Thnks a millon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines