Yield Basis

proposal 50 passed +5m capacity is now open in @yieldbasis wETH pool ETH LPs can now access the updated single-sided v3 pool capacity is limited: http://yieldbasis.com/earn

proposal #50 is live once approved by governance: +5m ETH capacity will open in the v3 pool. veYB holders, your vote matters: https://yieldbasis.com/proposal/50 LPs, be ready. the window won't stay open for long.

New @yieldbasis milestone: - $4B of cumulative swaps - $35m of swap fees in underlying Curve pools - $4m admin fees (3.98m+1.9k pending to claim) Live stats👇

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👇

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%)

A vote to relax HyridVault requirements for @yieldbasis. Just 45% of your crypto deposit value (down from 55%) is needed https://yieldbasis.com/proposal/49

In this transaction, @CurveFinance and @yieldbasis team up to help to get one of positions on @aave liquidated via crvUSD route🫡 https://etherscan.io/tx/0xaebaf38bbaca7025913dc6fe362a49dbe916644134fc152ae9465bb97d812938

Hotfix for some withdrawal errors observed @yieldbasis (and more proper allocation of crvUSD for the markets). Please vote if you have veYB! https://yieldbasis.com/proposal/47 https://x.com/_Ybmonitor/status/2062092547380416912

Yield Basis just launched V3 More assets. Better yields. Full breakdown of how it works and the risks behind it: http://www.todayindefi.com/guides/intro-to-yield-basis-v3-lp-with-no-impermanent-loss

Direct Capital Flows