Impermanent Gain — Antimatter of Impermanent Loss
iGain is a decentralized financial instrument protocol that provides the options for investors to hedge/profit/speculate on certain targeting underlying assets with a synthetic, tokenized position.
iGain tokenizes the Call/Pull options of underlying assets into Long/Short tokens. Then, we adopt the AMM mechanism to create a secondary market of Long/Short tokens. Investors might hedge against a certain risk or earn a profit in a period through holding Long/Short tokens.
Since the booming development of decentralized finance, an on-chain financial ecosystem is thriving. More and more advanced financial instruments would be crucial for investors. iGain provides a fully decentralized way of options tool. With iGain, the decentralized financial ecosystem on the Ethereum blockchain would be better for all the investors to control risks.
Investors in decentralized finance might consider iGain as a financial instrument. Spare some budget to purchase the Long/Short tokens in iGain may earn a profit so that investors could perfectly hedge against certain risks.
AMM mechanism requires liquidity providers. To serve as liquidity of Long/Short tokens could earn trading fees and reward of liquidity mining program.
In this iGain ecosystem, we can create a variety of financial derivatives by merely changing price settlement mechanisms based on the investment target.
There are two products in iGain Universe, namely:
Impermanent Gain can be regarded as the antimatter of impermanent loss. Impermanent Gain consists of two tokens: Long token and Short token, which are empowered to long or short the IL. By holding the Long token, it will be able to offset the IL of holding a certain size of LP position. Therefore, liquidity providers can hedge against the risk of impermanent loss through Impermanent Gain.
iGain - Interest Rate Synth (IRS) represents the second product in the iGain ecosystem. It is an interest rate derivative providing lenders and borrowers a platform to hedge against the risk of future changing interest rates. It empowers investors to lock future interest rates, by purchasing Long and Short tokens.
For more details, please visit our iGain GitBook: