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Tech to Make Impermanent Loss Impermanent Again

Summary by Ethereum Research
In econ it’s well known that “ambiguous devices” have all kinds of useful and interesting mechanism design properties (e.g. see this 2024 Econometrica). It turns out that a blockchain + a pathological RNG called Machine …
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Ethereum ResearchEthereum Research

Tech to Make Impermanent Loss Impermanent Again

In econ it’s well known that “ambiguous devices” have all kinds of useful and interesting mechanism design properties (e.g. see this 2024 Econometrica). It turns out that a blockchain + a pathological RNG called Machine …

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Ethereum Research broke the news in on Thursday, April 3, 2025.
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