PerpDex is a Lossless AMM, it means you can provide liquidity and don't worry about IL.
This is possible because PerpDEX calculates the potential impermanent loss before any transaction takes place and adjusts the transaction fee to compensate for it.
Also, they're introducing a new mechanism called "Liquidation Free Funding", I asked ChatGPT to explain what is this and here is the response 👇
▫ What is @UniDexFinance and what they're trying to solve.
▫ Why traders would choose Unidex over other platforms
▫ What's on the Roadmap
▫ Who are building UniDex
▫ Investment analysis
@UniDexFinance is a DeFi platform that aims to become a hub for traders where they can access the best rates for financial instruments.
They envision it as a platform similar to NASDAQ, a global marketplace for trading DeFi assets and derivatives.
I promised you a deep dive into $ILV @illuviumio tokenomics. Here it is, a thread 👇🧵
What are we going to cover:
- Token supply details.
- $ILV & sILV2 - staking, features and differences.
- Illuvium lands.
- Illuvitars.
- Illuvials.
1. TOKEN SUPPLY DETAILS:
<Max supply: 10M>
Pre-seed sale: 500k $ILV sold at 1$ each
Seed-sale: 1.5M $ILV sold at 3$ each
Pre-seed & seed sales tokens (20% of total supply) are unlocked gradually over a 1 year period (unlocking started in March 2022)