Impermanent loss is an important concept for anyone active in decentralized finance (DeFi), especially those who provide liquidity. This is a phenomenon that occurs when asset prices in a liquidity pool diverge. As a result, you might be incurring a negative return versus simply holding the assets. Here’s why Understanding...

Curve Finance, a project whose name has become somewhat symbolic with stablecoin swaps and other low-risk, relatively boring DeFi strategies, is stepping into the spotlight. With the proposed YB (Yield Basis) protocol, Dr. Egorov is at the forefront of this charge. It promises to solve the problem of impermanent loss,...