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IMX Impermax
IMX Price
$0.74827
+55.2% 24H Volume
$1.96M
Impermax Info
Impermax is a DeFi lending platform that lets liquidity providers use their LP tokens as collateral for permissionless loans, potentially unlocking billions of dollars locked in LP token contracts that are otherwise unusable.
These LP token backed loans can be used for trading, staking, or any other purposes, but the most notable case is to use loans to further increase one’s liquidity providing position. This allows yield farmers to multiply farming returns many times over without adding any additional funds of their own. This is called Leveraged Yield Farming, and it’s what Impermax is designed for.
IMX token holders control governance, profits, and reserves generated by interest and fees on the Impermax lending platform.
Impermax Organization & Team
Simone Rigolon
Founder & Core Developer
Brian Tinsman
Economics and Finance
Impermax Intel
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