Aight, tomorrow is a big day lads... For @yieldbasis
What you need to know about Yield Basis? That's a new DeFi protocol from @CurveFinance {Founder Michael Egorov}
Well it focused on offering sustainable on-chain yield for BTC and other assets, eliminating impermanent loss in traditional AMMs.
{Backed by $5m and supported by @legiondotcc and @krakenfx it aims to expand to Ethereum and tokenized assets, boosting liquidity while removing IL for LPs}
Features a redesigned AMM and incentive model to protect LPs from price swings, Yield Basis starts with three $1m pools to manage risk and attract institutions.
Governance and fees run through a veYB system, where only locked YB holders vote and earn.
Will leave more details about the sale I'm participating in later... Notifications on
Projects I am most excited for
@tradeparadex: Smooth perps with zero fees
@boros_fi: Funding rates on leverage
@yieldbasis: Better yield for BTC
@nansen_ai: Analytics with points program
@doublezero: Permissionless fiber infra
@legiondotcc: Democratizing token launches
@KeetaNetwork: Compliant & scalable L1
@hibachi_xyz: Private perps
@get_truenorth: AI discovery engine
@Almanak__: Agent yield vaults
@trylimitless: Base prediction markets
@meleemarkets: Permissionless prediction market
@bulletxyz_: Solana trading layer
@noicedotso: Micro tipping on Base
@elfa_ai: Sentiment analysis tool
@USDai_Official: Yield bearing stables backed by infra
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