Cardano (ADAUSD)

[nosfelle]

Cardano (ADA) & the Death of Impermanent Loss

Back on March 31st, we talked about the absuridty of the proposition of most EVM style DEXs: I give you my money & I take the "L". I'm the party subjected to the impermanent loss risk & my only hope is to (maybe) make it up via yield farming. We also talked about the goal of the next crop of Cardano DEXs to fix this. Now let's discuss what this will mean when the rest of the crypto space figures it out.

$ADAUSD