Try Quests to earn cryptoIL Insurance
THORSwap, the main DEX of THORchain has a special feature that makes providing liquidity on THORSwap very attractive; which is the Impermanent Loss Insurance where the liquidity you provided will have no impermanent loss (terms and conditions applied). Impermanent loss is when you provide to an LP which is usually in a pair of different asset (even when you provide asymmetrically because the protocol will split the amount into two assets), when one of the asset's price go up, it will sell some to buy the other asset so that it maintains 50-50 distribution among the pair. Hence, you will lose some money when compared to you just holding the 2 assets in your wallet. The insurance will be paid whenever you remove the liquidity. So, in this dashboard, we will take a look at the metrics of withdraw LP and how many of them received the IL insurance. (Data taken for transaction on April 10th and onwards).