attention to all @yieldbasis LP’s!
more than 70% of btc TVL has already migrated.
if you were waiting for a good moment, this might be it!
v2 is legacy.
please, migrate ASAP.
The scaling unlock for @yieldbasis is almost complete.
It needed many parts to fully scale and the last piece is llamalend v2.
V3 Pools:
These new pools are optimized to recover fast and keep the pools in balance more often. This keeps APRs more consistent and the pools
migration has started.
all @yieldbasis LPs should take action.
you can migrate normally, no rush.
• migration is now available and recommended for btc markets. if you have positions, they will appear automatically in [MY MARKETS] -> choose pool -> MIGRATE
• TRD in the eth
Yield Basis fees are back:
1. $95.7k fees for $YB in total ($75k -> single week)
2. $YB rev. multiplier dropped to normal numbers from 100x+
3. 1Y historical multiplier is still ~2x accounting all revenue distributed since fee switch
Details: v3 pools + legacy $WETH earn👇
resurgence volatility in the markets = trading fees
ETH V3 pools have been performing especially well with the pool tracking price of ETH and more consistently earning admin fees for veYB holders
Yield Basis fees are back:
1. $95.7k fees for $YB in total ($75k -> single week)
2. $YB rev. multiplier dropped to normal numbers from 100x+
3. 1Y historical multiplier is still ~2x accounting all revenue distributed since fee switch
Details: v3 pools + legacy $WETH earn👇
@yieldbasis HybridVaults started filling as people started noticing that actually pools perform very well and that it is a good play.
$ETH Hybrid Vault last 18 days since launch:
· 40% APR for LP
· 25% APR $YB emissions for stakers
· veYB earned $7.85K of admin fees
Open for
proposal 49 passed fast
thx everyone for the active governance voting.
as a result, all @yieldbasis hybrid vaults now provide higher capital efficiency for depositors:
→ 1 crvUSD now unlocks ~$2.2 deposit capacity instead of $1.81 (+22.6%)
Has impermanent loss met its match?
New V3 pool is tracking ETH 1:1 and earning trading fees when prices went down
A glimpse as to how Yield Basis is supposed to work