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Impermanent Loss gets permanent cause of Liquid Swap closing!

Binance

Cryptocoins Exchanges / Binance 155 Views

Binance ist closing the RAMP/BUSD Liquid Swap at 2022-07-01 04:00 UTC! (https://www.binance.com/en/support/announcement/0a445bbdac634512886df1bdce74f3da)

So cause of the all known big crash of the AltCoins, it’s connected with an impermanent loss at the Liquid Swap. No problem so far if you don’t redeem the coins. But now: you have to redeem or Binance will do. So you accept the full loss, that’s not good… Or do I have a misunderstanding?

submitted by /u/Logical-Ant5853
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