What is Impermanent Loss?

As the XRPL prepares to roll out AMMs & DeFi tools, it’s important to understand how the platforms work, and the financial risks involved with liquidity pools.

🧵A thread on AMMs, liquidity pools and impermanent loss. pic.twitter.com/gxJ1XfYRYY

— Molly Elmore (@mollyelmore22) June 3, 2023