#WAGMI stands for ‘We are all gonna make it ‘. The acronym is widely used by the crypto community to build confidence, and encourage the community to not lose hope.
Read moreWhat does PAMP it mean in crypto?
Launched on 31/05/2020, Pamp Network (PAMP) claims to be the world’s first price-reactive cryptocurrency. Holders are rewarded when the price increases and sellers are penalized when it does not. The token adjusts its inflation rate based on market activity.
Read moreWhat does GM in crypto mean?
The acronym “GM” typically stands for “Good Morning .” GM Wagmi is a project that takes inspiration from this greeting, having created a whole new token to spread positivity and make the crypto space a better place. It’s one of the newest ways for members of the crypto community to greet each other.
Read moreWhat is impermanent loss Defi explained Uniswap curve balancer Bancor?
What Is Impermanent loss? Simply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet . It occurs when the price of tokens inside an AMM diverge in any direction. The more divergence, the greater the impermanent loss.
Read moreWhat is impairment loss crypto?
Impairment loss assesses the current value of their assets against what they would be worth if left sitting pretty in an exchange . The loss only becomes permanent if a provider decides to withdraw their liquidity for good.
Read moreHow do you deal with impermanent loss?
If you want to avoid impermanent loss altogether, make two stablecoins liquid . For example, if you provide liquidity to USDT and USDC, there will be no risk of impermanent loss since stablecoin prices are meant to be stable.
Read moreHow does impermanent loss occur?
Impermanent loss happens when the price of your token changes after you deposit it in the liquidity pool . … But since you’ve deposited it into the liquidity pool, you’re stuck with the original price, resulting in a 50% impermanent loss.
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