Wu Shuo learned that Yieldbasis has released a research white paper titled "Eliminating Impermanent Loss by Leveraged Liquidity", proposing to continuously rebalance through "compounding leverage" to pull AMM market making positions back to the same slope as spot positions, thereby reducing IL to 0; Simulation shows that BTC/USD liquidity can obtain an average of about 20% APR over 6 years, and the price exposure is basically equivalent to BTC. This method can also be extended to other cryptocurrency assets. http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43935