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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: pornluver on February 17, 2022, 08:45:29 AM



Title: Question about coindix
Post by: pornluver on February 17, 2022, 08:45:29 AM
I am reviewing coindix.

Many thing there looks too good to be true.

https://coindix.com/?kind=noimploss&sort=-base

For example, what does no impermanent lost mean?

As far as I know coins have

1. stacking
2. liquidity provider
3. p2p lending

which one is which?


Title: Re: Question about coindix
Post by: pornluver on February 18, 2022, 07:16:05 AM
Maybe not the appropriate subforum where should I move this?


Title: Re: Question about coindix
Post by: noorman0 on February 18, 2022, 11:17:48 AM
Maybe not the appropriate subforum where should I move this?

Your thread is in the right place.

I am not a coindix user. If I'm looking right, the Filter "No imp. loss" is the result of the combination of the two filters "Single stakes" , "Stablecoins" and some results from "LP stakes" filter which consist of pairs of stakes that are worth the same as the example CoinA>< wCoinA (its tokens wrapped).

cmiiw


Title: Re: Question about coindix
Post by: livingfree on February 18, 2022, 11:28:45 AM
For example, what does no impermanent lost mean?
As for the description of impermanent loss then it means the opposite of it. Or you mean to say the exact as impermanent loss?

What is impermanent loss?

Impermanent loss happens when you provide liquidity to a liquidity pool, and the price of your deposited assets changes compared to when you deposited them. The bigger this change is, the more you are exposed to impermanent loss. In this case, the loss means less dollar value at the time of withdrawal than at the time of deposit.

As far as I know coins have

1. stacking
2. liquidity provider
3. p2p lending

which one is which?
Number 1 is staking, it's different from stacking.

The impermanent loss is usually happening on number 2 which is being a liquidity provider.