Renta Network is a blockchain-based platform that aims to revolutionize the asset rental industry through decentralization. Leveraging OP Stack technology, the platform offers fast, secure, and cost-effective transactions. Renta Network uses NFTs, called PropertyNFTs, to represent assets, ensuring transparency and automation of rental agreements through smart contracts. The platform also has a dual token system: $RNT for transactions and $RDAO for governance. The goal is to provide global access to a wide range of rentals, from real estate to vehicles, while promoting environmentally friendly and community-based growth.
Impermanent Loss Protection Feature at STON.fi: A Modern Solution for Crypto Liquidity Providers
Impermanent Loss Protection Feature at STON.fi: A Modern Solution for Crypto Liquidity Providers
The decentralized finance (DeFi) industry has brought great progress in digital money management. However, challenges such as impermanent loss make users cautious about investing in liquidity pools. STON.fi comes with the Impermanent Loss Protection feature that offers innovative protection for liquidity providers.
What is Impermanent Loss?
Impermanent loss occurs when the price ratio of tokens in a liquidity pool changes after you make a deposit. This change can lead to potential losses compared to just keeping the tokens in your wallet. High market uncertainty often makes investors hesitate to enter liquidity pools. In-depth information about impermanent loss is available in the STON.fi guide