🐺 gm farcaster frens
Found the most underrated DeFi innovation that nobody's talking about...
Larry Talbot - first protocol to actually PAY your impermanent loss
Not with worthless tokens. With real ETH. 💰
Let me explain why this breaks DeFi... 🧵

The Problem:
Every LP gets rekt by IL while earning measly 0.3% fees
Larry's Solution:
Uses 0.05% of trading fees to compensate your IL losses
The Result:
LPs finally profitable. Deep liquidity. 0.1% trading fees.
This changes everything about being an LP ⚡

Quick Alpha:

0.1% total fees 
0.05% → IL compensation fund
0.05% → price appreciation mechanism
Just holding LARRY vs ETH = ~40-50% APY

Most sustainable tokenomics I've seen 📈

Why It Works:
Bull markets → Minimal IL → Pool accumulates
Bear markets → High IL → Pool pays out
Trading volume → More compensation capacity
Natural hedge + self-funding mechanism 🛡️

TLDR for degens:
Larry = First protocol to solve IL with real economics
0.1% fees attract arbitrage volume
IL compensation makes LPs actually profitable
40-50% APY just holding vs ETH
Most slept-on innovation in DeFi rn 😴

Hot Take:
This could make IL obsolete across all of DeFi
If Larry proves the model works, every protocol will copy it
But first-mover advantage is MASSIVE here 🏰

The Genius Part:
Only pays NET losses after your LP fees
Only above 1-2% threshold
Prevents gaming while staying sustainable