Liquidity protocol uses stablecoins to ensure zero impermanent loss
2022.07.19 20:42
Liquidity protocol uses stablecoins to ensure zero impermanent loss
At a time when the decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central role in the DeFi ecosystem, and many protocols over time have come up with various new solutions to keep liquidity pools brimming. The latest trend in the liquidity market is focused on cross-chain solutions.
Many experts believe cross-chain solutions are the future of DeFi, and Symbiosis Finance, a liquidity protocol, has come up with its own stablecoin-based cross-chain liquidity solution. The liquidity protocol uses stablecoins to ensure liquidity providers (LPs) don’t incur any impermanent loss.
