Impossible Finance V2 Swap Design Brings Host of New Features

Impossible Finance, the comprehensive DeFi incubator, launchpad and swap platform, has officially released its V2 decentralized exchange design. This new swap version of the network is as efficient as Curve swaps and cheaper than Uniswap V3.  Specifically, the V2 decentralized exchange of Impossible Finance features the lowest price slippage with maximized capital utilization.

With that said, Impossible Finance provides more benefits to its users. For instance, users of the network can enjoy lower swapping fees, lower GAS fees, and better passive portfolio management. Indeed, this great development of Impossible Finance sets the stage for the exponential growth in Automated Market Maker adoption.

With regards to the network technology, Impossible Finance reveals it uses a novel bonding called: xybk invariant. Whereas, b = boost, an adjustable multiplier during protocol operation. Thus, it enables the pools to generate higher liquidity compared to other pools that have bigger total value locked (TVL).

More so, the asymmetrical tuning is another great feature of the new swap. It deals with one of the key hypotheses of building a stablecoin-customized AMM — the ability to provide different capital efficiencies for each side of the invariant curve. Moreover, the team stated that it is designed to provide an ideal quotation between stablecoins swap under AMM mechanism. Hence, this is effectively useful for stablecoins with strong economics on 1 side of the peg (such as algorithmic stablecoins or Tether).

Overall, these great developments of the Impossible Finance V2 makes it one of the most flexible and efficient AMM designed for liquidity providers and traders. In fact, LPs can provide liquidity with up to 4000x capital efficiency, enabling an earning that has higher returns on their capital.

Notably, Impossible Finance aims to go multi-chain by expanding into Ethereum and Polygon with more deployments scheduled on future L2 solutions and other platforms.

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Source: https://coinquora.com/impossible-finance-v2-swap-design-brings-host-of-new-features/