#STONfi
@ston_fi introduced the impermanent loss protection.
@ston_fi is setting a new standard and reducing risk for stonfiers by launching this game-changing initiative to partially offset impermanent loss.
Before we dive in, I would quickly brief on what we mean by impermanent loss protection.
Impermanent loss happens when the price of tokens in a liquidity pool changes, potentially causing a loss to liquidity providers. This new feature is intended to assist in minimizing some of this volatility and improve your liquidity provision experience.
And without being said, @ston_fi introduced this impermanent loss protection for the STON/USDT V2 pool!
Note: This is what you need to know about the new features.
🛡Offset up to 5.72% of your impermanent loss (corresponds to a 50% decrease in the asset price).
🛡Monthly offset budget capped at $10,000
Max offset per user: $100 (paid in STON tokens)
🛡Automatic crediting—no claims needed!
🛡Applied in case of STON rate decrease during the specified period
🛡Offset period: from January 1st- 31st, 2025
join now!
