IMX-ImpermaxDetailed Description

IMX-Impermax Detailed Description

Impermax, as a DeFi ecosystem, allows Uniswap liquidity providers to use their LP tokens for borrowing and lending, and use leverage to pull their breeding yield up to x20. Impermax’s IMX token is a simple ERC20 governance token modeled after top DeFi protocols like Compound. IMX governance can be divided into: directly adjusting the parameters within the agreement; making opinions and allocating funds for development and profit.