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.
Lmao right
Another reason not to pile in now
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