Company attributes
Cryptocurrency attributes
Other attributes
Impossible Finance is a DeFi-native ecosystem of multi-chain products. The core vision of IF is to nurture and accelerate blockchain projects as a product-first incubator. Central to this vision is a set of products that form an essential base for our incubator, the Impossible Launchpad and Impossible Swap.
Impossible Finance is building a multi-chain ecosystem for promoting growth of DeFi liquidity and composability. Starting on Binance Smart Chain, Impossible Finance plans to also support other EVM chains, such as Ethereum and Polygon, with more deployments scheduled on future L2 solutions and other platforms. Impossible will also offer an AMM liquidity protocol which acts as the backbone of the ecosystem that features a fully decentralized incubator and launchpad for new projects in DeFi.
Tokenomics
Tokens
Distinct product tokens are core to the function of IF because they maintain separation between different economic systems with different purposes. As a result, incentives for each product are easier to reason about, preventing conflict between independent economics.
IF Token
IF is the core governance token of the swap and other non-launchpad products, which will have control over things like trading fees and discounts on trading.
IDIA Token
IDIA is the core governance token to handle the governance of the launchpad, such as different staking parameters for the launchpad process.
IDIA token will be distributed with the breakdown below:
the token release schedule for IDIA is as below:
Buidling the Impossible #BSC #BinanceSmartChain #MOVR #Moonriver #Ethereum #Polygon #DeFi