Chainlink Keepers automates impermanent loss return on Armadillo
[ad_1] Armadillo, a multi-chain impermanent loss (IL) protection solution powered by the Crypto Volatility Index (CVI) from COTI, will be using Chainlink Keepers on Polygon to automate IL protection payout. CVI operates a basket of volatility products, including Armadillo’s impermanent loss protection. The CVI team developed a toolbox of...
Read More
What is impermanent loss and how to avoid it?
[ad_1] The difference between the LP tokens’ value and the underlying tokens’ theoretical value if they hadn’t been paired leads to IL. Let’s look at a hypothetical situation to see how impermanent/temporary loss occurs. Suppose a liquidity provider with 10 ETH wants to offer liquidity to a 50/50 ETH/USDT...
Read More