Convert Impossible Finance IF to Euro EUR
IF to EUR: 1 Impossible Finance converts to €0.0032 EUR as of December 4 at 2:22 PM
About Impossible Finance
Impossible Finance is climbing this week. The current price of Impossible Finance is €0.0032 per IF. With a circulating supply of 10,086,744.947 IF, it means that Impossible Finance has a total market cap of €32,772.63. The amount of Impossible Finance traded has fallen by -€8.75 in the last 24 hours, which is a 53.34% decrease. Additionally, in the last day, €16.41 worth of IF has been traded.
The exchange rate of Impossible Finance is increasing. The current value of 1 IF is €0.0032 EUR. In other words, to buy 5 Impossible Finance, it would cost you €0.0162 EUR. Inversely, €1.00 EUR would allow you to trade for 307.96 IF while €50.00 EUR would convert to 15,397.84 IF, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.71%. Meanwhile, in the last 24 hours, the rate has changed by 0.05%, which means that the highest exchange rate of 1 IF to EUR was €0.0033 EUR and the lowest 24 hour value was 1 IF for €0.0032 EUR. Last month, 1 IF was worth €0.0047 EUR. Today, it's down 30.19%. Looking back a year, Impossible Finance has changed by €0.0058 EUR. That means that in a single year, the value of Impossible Finance has shrank by 37.86%.
Impossible Finance Market Stats
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.
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Conversion tables
IF to EUR values from Today at 2:22 pm
0.5 IF = |