[OKEx] What is impermanent loss in DeFi? An overview of AMMs and the risks of liquidity mining

An explanation of impermanent loss and how it works when providing liquidity to DeFi protocols DeFi, or decentralized finance, has been a buzzword in crypto since 2019, but it became a major topic in 2020 as DeFi protocols and platforms surged in popularity. The ecosystem, driven by the Ethereum blockchain, has also played a crucial […]

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