Rank #7794
if Impossible Finance
$ 0.007229
0.061057 BTC
10 satoshies
Market Cap
72,925.0478 $
24 Hour Trading Vol
17.7176 $
Circulating Supply
10,08 MLN.
Total Supply
10,08 MLN.
Max Supply
21,00 MLN.
Fully Diluted Valuation
70,858 $
Low
Range
High
Info
Contract
0xb0e1fc65c1a741b4662b813eb787d369b861
4af1
Website
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Community
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API id
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tags
1h
24h
7d
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Impossible Finance Price Statistics
0.007229 $
0.00691 $ / 0.007325 $
17.7176 $
#7794
72,925.0478 $
7.94 $
-99.9%
28 July, 2021, (4 years ago)
0.004612 $
56.76%
13 November, 2024, (9 months ago)
Impossible Finance Top Markets
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Exchange
Pair
Price
24h Volume
Volume
Trust Score
Impossible Finance Performance
Trading Pair
day
week
month
if
/
usd
0.56%
3.7%
3.74%
if
/
btc
0.56%
3.7%
3.74%
if
/
eth
0.56%
3.7%
3.74%
About Coin
The first two Impossible Finance products revolve around yield & autonomous community creation. Versus TradFi’s low yields, defi yield protocols have been a killer app, but impermanent loss still looms large. Instead, focusing on low-IL asset pools such as EUR and JPY stablecoins, where central banks have negative interest rates, or non-dividend yielding synthetics (hint: high growth stocks don’t have dividends) like synthetic TSLA, we propose the first wave of “Impossible Yield” products powered by our stablecoin swap, StableXswap. Taking a page out of Aave & Synthetix’ playbook, this also encourages us to integrate many synthetic assets, lending protocols, and cross-chain solutions to aggregate liquidity. This yield generated from stable EUR, JPY, or TSLA pools is unbeatable by TradFi, at least until the ECB changes policies, the Japanese population pyramid inverts, or Elon Musk changes his website’s FAQ.
In early 2021, we saw Wall Street Bets clash with Robinhood & hedge funds, putting emphasis on addressing retail users’ needs without sacrificing user autonomy. Beyond avoiding business models that actively harm users (i.e. selling flow to frontrunners, or hiding spreads to mask fees), why would you ever accept dividendless holdings when defi can give you yield? That’s Impossible Finance: we’re hellbent on providing better financial instruments for the world.
The second release of Impossible Finance products tackle crypto’s best killer app: fundraising. In the wake of 2017 ICO scams, Vitalik posited DAICOs, (DAO + ICOs), where project teams could raise smart- contract vested funds, provided they achieve certain milestones. Governors determined whether the team was still building, or else refund investors. However, 2018 lacked robust governance and voting portals (i.e.snapshot.page), let alone real products to invest in. Today, we propose the launch of self-sustaining- initial-dex-offerings, or SSIDOs. With the power of yield from our AMMs and partner protocols, a team that raises $10M with a $2M burn rate can be self-sustaining with just 20% APY, creating a new raise once, build forever model. The Andre’s of the world can find capital & liquidity and no longer need to rely on cexes and rent-seeking private investment funds to pay the bills. Meanwhile, vesting stable LP tokens from the fundraise stay within our AMM, which creates sticky TVL. Teams that raise via this system get automatically transparent banking, while traders get access to steady liquidity, anti-rugpull peace of mind. Our mission at Impossible Finance will be to continue finding win-wins for traders, investors, projects, and protocols alike.
Where is Impossible Finance available for purchase?
You can exchange IF tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Impossible Finance is PancakeSwap (v2), notably the IF/BUSD pair, which saw a trading volume of $ 37.52 in the past day. Additionally, Impossible Finance is popular alternative for trading tokens.
What is the highest value Impossible Finance (IF) has ever reached?
Impossible Finance (IF) reached its peak price at 7.94 $ on 28 July 2021, approximately 4 years ago ago. Presently, the current price is -99.9% lower than this all-time high.
What is the historical minimum price for Impossible Finance (IF)?
The minimum price reached for Impossible Finance (IF) was 0.004612 $, documented on 13 November 2024, more than 9 months ago. In comparison, the current price is 56.76%, it above this historical low.
What is the fully diluted valuation of Impossible Finance (IF)?
The fully diluted valuation (FDV) of Impossible Finance (IF) stands at $ 70,858. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 21,000,000 IF tokens. The realization of this FDV might take several years depending on the emission schedule of IF tokens.
How to add Impossible Finance (IF) to MetaMask?
By integrating Impossible Finance (IF) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import IF as a token. You can either manually import IF by copying its contract address (0xb0e1fc65c1a741b4662b813eb787d369b8614af1) or use MetaMask's Chrome extension to add IF with a single click through P.CASH.
How to add Impossible Finance (IF) to TrustWallet?
Incorporating Impossible Finance (IF) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include IF, you can either manually import it using the contract address (0xb0e1fc65c1a741b4662b813eb787d369b8614af1) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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