News/THORChain's Current Liability Is Less Than 2% of Reserve and Its Impermanent Loss Protection Is Different Than Bancor's

THORChain's Current Liability Is Less Than 2% of Reserve and Its Impermanent Loss Protection Is Different Than Bancor's

Jun 20,2022,14:33
THORChain, a decentralized cross-chain trading protocol, said in response to whether it would also discontinue ILP that current liability is less than 2% of the reserve. And THORChain Impermanent Loss Protection works differently than Bancor since it protects dual-sided deposits, this is 50% denominated in its own asset. Previously, Decentralized exchange Bancor announced that its Impermanent Loss Protection is temporarily paused due to hostile market conditions.
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