Post
Topic
Board Tokens (Altcoins)
Topic OP
[ANN] Impermax Finance - Leverage your Uniswap yield
by
JokerTheBond
on 29/11/2020, 14:42:53 UTC
Introduction
We are building a DeFi lending market that will enable investors to leverage their Uniswap's Liquidity Pool tokens. On our application they will be able to use any LP token as collateral to borrow the tokens that back it up. This will create the possibility to create leveraged positions on Uniswap's LP token and thus multiplying the already high Uniswap's yield.

Mission
Our mission is to create the financial tools needed to make it easier and more profitable for everyone to provide liquidity to Automated Market Makers, while also proposing our solution to the impermanent loss problem. UniswapV2 will be the first AMM that we will support, but moving forward we will expand also to other AMMs.

Borrowers and lenders benefits
  • On our application borrowers will be able to use their Uniswap's LP tokens as collateral to require a loan and buy even more LP tokens, thus leveraging their position. This will make providing liqudiity to Uniswap much more capital efficient.
  • Lenders will be able earn a passive income on any token tradeable on Uniswap. They will be indirectly providing liquidity to Uniswap without any exposure to impermanent loss.

Links
Website: https://impermax.finance/
Github: https://github.com/Impermax-Finance
Twitter: https://twitter.com/ImpermaxFinance
Reddit: https://www.reddit.com/r/ImpermaxFinance/
Discord: https://discord.gg/XN739EgG4X

You can find additional informations in our website. If you have any question you can ask in this thread, in our subreddit or in our Discord.