> For the complete documentation index, see [llms.txt](https://docs.lends.so/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.lends.so/products/liquidity/impermanent-loss-protection-ilp.md).

# Impermanent Loss Protection (ILP)?

* ILP was phased out with the introduction of Savers Vaults, ceasing after block 9450000 around February 6th at 7:50 PM EST, and was fully discontinued on December 6, 2023.