# Armadillo - Impermanent Loss protection [Armadillo](https://armadillo.is) is an Impermanent Loss Protection product from the [CVI](https://cvi.finance/) team at COTI that allows Liquidity Providers in the DeFi ecosystem to protect themselves against Impermanent Loss while supplying Liquidity in Automated market makers (*AMMs*). Armadillo is a **decentralized**, **multi-chain**, **non-custodian** **and** **on-chain** product unique in its nature. It currently runs on *Polygon,* a Layer 2 scaling solution for the Ethereum blockchain. It currently offers buying Impermanent Loss protections for periods of 14, 30 and 60 days. At the end of the protection period, a payout will be made to your originating wallet address automatically via Chainlink Keepers for the incurred Impermanent Loss of the protected pair. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://doc.armadillo.is/armadillo-impermanent-loss-protection.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.