BNB Chain
Low Liquidity Pool
This pool has very low liquidity and prices may differ drastically.View another pool with higher liquidity: IF / BUSD
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IF/
BUSD

Impossible Finance Price (IF)
$0.0033880.27%/0.003393 BUSD
34,176.63MCAP

The first two Impossible Finance products revolve around yield & autonomous community creation. Versus TradFi’s low yields, defi yield protocols have been a killer app, but impermanent loss still looms large. Instead, focusing on low-IL asset pools such as EUR and JPY stablecoins, where central banks have negative interest rates, or non-dividend yielding synthetics (hint: high growth stocks don’t have dividends) like synthetic TSLA, we propose the first wave of “Impossible Yield” products powered by our stablecoin swap, StableXswap. Taking a page out of Aave & Synthetix’ playbook, this also encourages us to integrate many synthetic assets, lending protocols, and cross-chain solutions to aggregate liquidity. This yield generated from stable EUR, JPY, or TSLA pools is unbeatable by TradFi, at least until the ECB changes policies, the Japanese population pyramid inverts, or Elon Musk changes his website’s FAQ. In early 2021, we saw Wall Street Bets clash with Robinhood & hedge funds, putting emphasis on addressing retail users’ needs without sacrificing user autonomy. Beyond avoiding business models that actively harm users (i.e. selling flow to frontrunners, or hiding spreads to mask fees), why would you ever accept dividendless holdings when defi can give you yield? That’s Impossible Finance: we’re hellbent on providing better financial instruments for the world. The second release of Impossible Finance products tackle crypto’s best killer app: fundraising. In the wake of 2017 ICO scams, Vitalik posited DAICOs, (DAO + ICOs), where project teams could raise smart- contract vested funds, provided they achieve certain milestones. Governors determined whether the team was still building, or else refund investors. However, 2018 lacked robust governance and voting portals (i.e.snapshot.page), let alone real products to invest in. Today, we propose the launch of self-sustaining- initial-dex-offerings, or SSIDOs. With the power of yield from our AMMs and partner protocols, a team that raises $10M with a $2M burn rate can be self-sustaining with just 20% APY, creating a new raise once, build forever model. The Andre’s of the world can find capital & liquidity and no longer need to rely on cexes and rent-seeking private investment funds to pay the bills. Meanwhile, vesting stable LP tokens from the fundraise stay within our AMM, which creates sticky TVL. Teams that raise via this system get automatically transparent banking, while traders get access to steady liquidity, anti-rugpull peace of mind. Our mission at Impossible Finance will be to continue finding win-wins for traders, investors, projects, and protocols alike.



Score
56
24h Vol
$0.53
Liquidity
$285.78
Holders
11.2K
Audits
Age
4 years
FDV
$34.2K
Market Cap
$34.2K
24h Txn2
24h Vol$0.5265
Net BuyN/A
Buy1
Sell1

IF/BUSD Price Stats

The current price of IF (IF/BUSD) on Impossible Finance v2 is $0.003388, the price is up -0.27% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.5265 with a total of 2 transactions. IF/BUSD contract address is 0x68a37e14d080436b57119e379a04d32f4ca7f92d, with a Fully Diluted Valuation (FDV) of $34,176.63 and a liquidity pool of $285.78.