Indirect Liquidity Providing is a new approach to yield farming on automated market makers (AMMs) like Uniswap, Sushiswap, and Pancakeswap.

Impermax lets liquidity providers borrow funds to leverage their yields, but liquidation is always possible when using leverage.

This is the announcement the Impermax community has been waiting for! The Impermax TGE (Token Generating Event) has an official date. IMX Token Release The IMX token is scheduled for release on Uniswap V2 Thursday April 29 at 12:00 pm UTC. IMX Token Value Drivers What drives value of IMX? Impermax is the only DeFi platform that allows Uniswap liquidity providers to borrow against their LP tokens and leverage their farming yields up to x20. As an Impermax user, any time there’

Liquidations are an essential tool in maintaining the stability of any collateralized lending agreement.