Advertisement
Advertisement

IF

Rank #6065
Impossible Finance logo

Impossible Finance

0.00503655371
+0.00009764987
+1.98%
Nov 21, 18:37 UTC

Impossible Finance (IF) Profile & Statistics

About

The first two Impossible Finance products revolve around yield & autonomous community creation. Versus TradFi’s low yields, defi yield protocols have been a killer app, but impermanent loss still looms large. Instead, focusing on low-IL asset pools such as EUR and JPY stablecoins, where central banks have negative interest rates, or non-dividend yielding synthetics (hint: high growth stocks don’t have dividends) like synthetic TSLA, we propose the first wave of “Impossible Yield” products powered by our stablecoin swap, StableXswap. Taking a page out of Aave & Synthetix’ playbook, this also encourages us to integrate many synthetic assets, lending protocols, and cross-chain solutions to aggregate liquidity. This yield generated from stable EUR, JPY, or TSLA pools is unbeatable by TradFi, at least until the ECB changes policies, the Japanese population pyramid inverts, or Elon Musk changes his website’s FAQ.


Info & Links

Contracts

  • binance-smart-chain:
    0xb0e…14af1

Announcements

Source Code


IF Statistics

24H Low/High
  • Rank
    #6,065
  • Market Cap
    $50,803
  • Fully Diluted Valuation
    $1

  • Circulating Supply
    10,086,745
  • Max Supply
    21,000,000
  • Total Supply
    10,086,745

  • 24H Trading Vol
    $87
  • Hashing Algorithm
    -
  • Block Mining Time
    -
Performance Table

Change vs. USD

1D
+1.98%
7D
+3.76%
30D
-14.54%
YTD
-92.75%
1Y
-62.61%

Circulating/Total
100.00%
Mkt Dominance
0.00%

IF Social Stats

  • Twitter Followers
    412,238
  • Reddit Subscribers
    0
  • Reddit Average Active Accounts
    0
  • Reddit Average New Posts Per Hour
    0
  • Reddit Average Comments Per Hour
    0
  • Telegram Channel Users
    31,054

Advertisement