Impermanent Loss Protection Extended on STON.fi
STON.fi has extended its Impermanent Loss Protection (ILP) program through February 2025, offering liquidity providers enhanced security against market volatility. This initiative underscores STON.fi's commitment to creating a user-friendly and secure DeFi environment.
Key Highlights:
- Understanding Impermanent Loss: Impermanent loss occurs when the price of tokens in a liquidity pool changes, potentially resulting in a loss for liquidity providers. This feature is designed to help mitigate a portion of these fluctuations enhancing your liquidity provision experience.
- Details of the ILP Program: Coverage of up to 5.72% of impermanent loss, a monthly offset budget of \$10,000, and automatic crediting of up to \$100 in STON tokens per user.
- Eligibility Criteria: Participants must provide liquidity to the STON/USDT v2 pool before February 1, 2025, and maintain it throughout the month.
Join the ILP program by adding liquidity to the STON/USDT v2 pool and enjoy the extended protection against impermanent loss.