About Impermax

Impermax is a permissionless, decentralized cross-chain lending platform where users can act as lenders or borrowers within isolated pools. Each pool corresponds to a pair of tokens from a decentralized exchange (DEX). Lenders can deposit their tokens into any pool to earn passive income without facing impermanent loss. Borrowers can collateralize LP tokens in a pool to borrow either token from the pair, enabling leveraged yield farming and increased LP rewards. This allows liquidity providers to earn yields from DEX LPs using just a single token deposit while eliminating impermanent loss risks. IBEX token holders oversee governance, profits, and reserve funds generated through platform interest and fees. Recently, Impermax migrated from its previous IMX token to the IBEX token. More detai...