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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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"The flagship feature of the protocol’s v3, which protects LPs from the effects of volatility, has been suspended, due to… v o l a t i l i t y."
"The flagship feature of the protocol’s v3, which protects LPs from the effects of volatility, has been suspended, due to… v o l a t i l i t y."
There are no free lunches, and it would appear there are still no ways to protect from impermeant loss! Not a good look the way the DAO was bypassed to make this decision, though I appreciate it was likely done to secure it's future. Using powers granted for security reasons for non-security reasons sounds a bit like a shifty nation state. "Bancor is using powers granted for security reasons to attempt to prop up its struggling IL protection mechanism, hurting their own users when they need it the most."
There are no free lunches, and it would appear there are still no ways to protect from impermeant loss! Not a good look the way the DAO was bypassed to make this decision, though I appreciate it was likely done to secure it's future. Using powers granted for security reasons for non-security reasons sounds a bit like a shifty nation state. "Bancor is using powers granted for security reasons to attempt to prop up its struggling IL protection mechanism, hurting their own users when they need it the most."
agree, IL is a part of AMM design, like balancing mechanism. Only pure barter system can avoid IL (CowSwap) but has lack of traction
agree, IL is a part of AMM design, like balancing mechanism. Only pure barter system can avoid IL (CowSwap) but has lack of traction
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Please don't plagiarise comments. You can post them and supply link to them using in-line editing if you want ie: Please don't [plagiarise](https://www.reddit.com/r/defi/comments/vg8mbm/comment/id093et)
[deleted]
Please don't plagiarise comments. You can post them and supply link to them using in-line editing if you want ie: Please don't [plagiarise](https://www.reddit.com/r/defi/comments/vg8mbm/comment/id093et)
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