Sonar (PING) is a token of platforms for analysing investments in cryptocurrency. The platform was created as a solution to the problem of the growing volume of illegal investment projects and sophisticated fraud detected in the cryptocurrency investment space DeFi.

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Hey #Sonarians! 

We know that you're experts in #crypto and #DeFi, but we also believe that it's important to share basic knowledge with those who are just starting out. So, let's talk about Impermanent Loss or #IL.

IL is a result of market volatility in liquidity pools, causing a shift in the amount of assets. This means that if the price of one or both assets fluctuates, the value of your liquidity changes accordingly. If only one asset fluctuates, the amount of assets in the pool also changes, resulting in Impermanent Loss.

At #Sonar, we're passionate about educating people about the world of crypto and empowering them to participate in the future of finance. That's why every week we share the meaning of common terms with our community. Check out our glossary to learn more about other important crypto terms: https://sonar.studio/academy/glossary

🐤https://twitter.com/SonarPING_/status/1634933128396668929

#GetIntoCrypto #SonarGlossary #BlockchainEducation

Hey #Sonarians.