Impermax and its subsequent forked platform, Tarot.to, are my favorite concentrated liquidity leveraged lending and borrowing platforms along with Beefy in all of DeFi. And for good reason!! Impermax and Tarot are both sufficiently decentralized, permission-less platforms that are historically the highest-return platforms in the space. With the launch of Coinbase wrapped BTC on September 6, Ethereum and BASE mainnet traders can get ERC20 utility for their BTC with the security that comes with Coinbase’s guarantee that their cbBTC is 1:1 backed at Coinbase with billions of dollars of BTC they own in their vaults (Chainlink oracles monitor the Proof of Reserves of cbBTC).

Just like Tarot, Impermax hosts pairs of vAMM and sAMM pairs of crypto tokens like BTC-ETH or much more niche token pairs like fBOMB-cbBTC. Check out this INSANE pair with the highest returns on cbBTC anywhere in crypto.

Remember: Just like with Tarot, if you lend your tokens to a pool that is near 100% utilization, you are going to NOT be able to withdraw those tokens until other users have deleveraged their borrowing of tokens in the pool. So, as with anything in DeFi, be careful, do your research, use small amounts to play around with before trying anything larger. I think this pool is a no-brainer though. See you in the deep end!

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