By the end of this course, you should have a fundamental understanding of what liquidity is, the factors that affect it, and why it is crucial to both traditional and decentralized markets. We’ll explore these topics in more detail in the chapters to come. Understanding liquidity is a key step in making informed decisions in any market, and we hope this chapter has shed light on this important concept.
Following our DeFi course on liquidity pools, we’re taking the learning a step further, going into the concept of impermanent loss. Going into detail on what it is exactly, why it’s important to know, how to estimate and mitigate, as well as impermanent loss in practice.
The KYVE Academy is a free resource bank of knowledge sourced from KYVE’s expert team on topics that revolve around KYVE Network, decentralization, crypto and blockchain.
The KYVE Academy is in line with KYVE’s Crew3 platform, where community members can complete missions in order to gain XP and win rewards such as exclusive KYVE NFTs. When completing a course, you will be given a code that you can enter into your KYVE Crew3 account to claim your earned XP!