it's the multichain LP lending platform on Ethereum (+ 8 L2s), allowing you to:
- maximize your LP yields with high leverage
- or just take out a line of credit against your LP strategies
that's right, it's the @ImpermaxFinance (v3) thread! 1/10
DISCLAIMER: this thread is a paid thread. however, i only do threads about protocols which i actually genuinely like.
2/10
on Impermax, you can do one of two things:
lenders (or indirect LPs) earn passively and can be a simple set-and-forget, lending against their collateral
farmers borrow funds against their liquidity and take on IL, though leverage amplifies fees and rewards earned
3/10
for example, let's take an existing pool: USDC/ASUSD on Etherex (Linea). at the time of writing, that's 174% APR with max leverage and minimal IL
4/10
pools are separated similar to @MorphoLabs to ensure that Impermax can remain permissionless and stable, limiting the risk for the rest of the protocol in case one pool goes under.
anyone can deploy a pool based on any of the currently supported exchanges
5/10
impermax is also more capital efficient than fluid! rather than using a standard LTV as in other lending platforms, it uses a special formula that takes into account the way that LP position value behaves, called the safety margin
7/10
all these factors make you a more competitive LP when using it.
here are some random impermax concentrated-liquidity positions on Base, earning AERO incentives. even after IL, they made lots of money from leveraged incentives, possibly 70-90% APY if annualized!
8/10
impermax also has set-and-forget autorebalancing lending vaults now similar to @MorphoLabs and @0xfluid, allowing you to get top yields as a lender even without having to manually adjust your positions across different pools.
9/10
if you're going to try Impermax & leveraged liquidity out, then make sure to share this with other liquidity providers as well!
just to recap:
- leveraged liquidity
- lending vaults
- layer 2s
hope you enjoyed, have a great day and buy more ETH
10/10
5.99K
34
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.