Description
Impermax operates a decentralized lending protocol with isolated lending pools for pairs of tokens from decentralized exchanges. Lenders supply tokens to earn passive yield without impermanent loss, while borrowers use LP tokens as collateral to borrow token pairs and pursue leveraged yield farming. Impermax also provides IBEX governance and staking functionality, documentation, audits, and deployments across multiple blockchain networks. The platform has announced that after five years of activity it is shutting down its user interface, while its smart contracts will continue operating.