Exchange Impermax

imx Price Live Data

The live Impermax price today is $ 0.00066 usd with a 24-hour trading volume of $3 usd. We update our IMX to usd price in real-time. Impermax is down 0% in the last 24 hours. The current coinmarketcap ranking is #3504, with a live market cap of $32 960 usd. It has a circulating supply of 49 622 113 IMX coins and the max. Supply of 100 000 000 IMX coins.

What Is Impermax (imx)?

Impermax is a DeFi loaning stage that lets Uniswap liquidity suppliers utilize their LP tokens as insurance for permissionless advances. This possibly opens billions of dollars secured in LP token agreements that are generally unusable.

These LP token upheld advances can be utilized for exchanging, marking, or different purposes, yet the most intriguing case is to utilize credits to build one's liquidity giving position. This permits yield ranchers to duplicate returns ordinarily without adding any extra assets of their own. This is called utilized yield cultivating, and it's what Impermax is intended for. A utilized yield rancher can duplicate their Uniswap yields up to multiple times, (despite the fact that influence accompanies expanded chance of impermanant loss.)

IMX token holders control administration, benefits, and saves created by interest and expenses on the Impermax loaning stage.