arthsotoniah (arthsotoniah)
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recast:farcaster://casts/0x0a558953a359e007b62dd45047b5c247a67a6cb2211e00b0ea426463b280db0c
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Overview: Yield Basis (YB) is a DeFi protocol launched by Curve Finance’s Michael Egorov, designed to minimize impermanent loss (IL) for liquidity providers in AMM pools, particularly for BTC and ETH holders. It uses 2x leverage and automated rebalancing to turn volatility into profit, integrating with Curve’s crvUSD ecosystem. Total supply is 1B YB, with ~87.9M initial circulation, and a $200M FDV at $0.2 per token during the upcoming presale (Kraken Launch & Legion, starting Sept 29, 2025). Bullish Factors: • Innovative Mechanism: First DeFi protocol to near-eliminate IL in AMMs, with backtests showing ~20% BTC APR across market conditions. Appeals to BTC/ETH holders seeking yield without high risk. • Strong Backing: Curve DAO’s 60M crvUSD credit line and 35-65% revenue sharing with veCRV holders boost adoption. Kraken and Legion partnerships ensure liquidity. • Market Timing: DeFi yield market is booming (stablecoin yield market cap: $14B to $120B). YB’s BTC yield focus fills a niche.
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Overview: Yield Basis (YB) is a DeFi protocol launched by Curve Finance’s Michael Egorov, designed to minimize impermanent loss (IL) for liquidity providers in AMM pools, particularly for BTC and ETH holders. It uses 2x leverage and automated rebalancing to turn volatility into profit, integrating with Curve’s crvUSD ecosystem. Total supply is 1B YB, with ~87.9M initial circulation, and a $200M FDV at $0.2 per token during the upcoming presale (Kraken Launch & Legion, starting Sept 29, 2025). Bullish Factors: • Innovative Mechanism: First DeFi protocol to near-eliminate IL in AMMs, with backtests showing ~20% BTC APR across market conditions. Appeals to BTC/ETH holders seeking yield without high risk. • Strong Backing: Curve DAO’s 60M crvUSD credit line and 35-65% revenue sharing with veCRV holders boost adoption. Kraken and Legion partnerships ensure liquidity. • Market Timing: DeFi yield market is booming (stablecoin yield market cap: $14B to $120B)..@legiondotcc @curvefinance
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