yieldbasis
@yieldbasis
Turning crypto into productive assets using original Automatic Market Making without IL. Focusing on $BTC first. Dm is open.
Just finished final simulations for @yieldbasis. Is it good for Bitcoin?
Here’s the concept of @yieldbasis : An AMM that 2x leverage your liquidity to mitigate the impermanent loss with boosted yield. 🔸Cryptoswap with Stableswap Invariant: In theory, maintaining a 2x leverage can mitigate IL, but in Uni V2 it only 2x your losses. Simulation shows…
Generally, we at @yieldbasis love all feedback, especially criticism. But also we are very happy to educate people who are awfully wrong in understanding theory of AMMs a few reminders: -you should really understand the protocol before making public statements against it (we’re…
If you've been following @yieldbasis, you'll want to read this post. I'm pretty sure there are some major things wrong with it that nobody has openly shared yet and could lead to losses if left ignored. The tldr on what yield basis does is that it has BTC holders borrow an…
EXCLUSIVE: How To Earn Real Bitcoin Yield Without Impermanent Loss with Michael Egorov Impermanent loss: crypto's most misnamed problem that has permanently damaged countless LP portfolios. In today's episode, @ayyyeandy & @robbie_rollup sit down with @CurveFinance founder,…
Michael Egorov's new protocol is designed to eliminate impermanent loss through leveraged Curve crypto pools blockworks.co/news/michael-e…
👀 @yieldbasis coinmarketcap.com/currencies/yie… coingecko.com/en/coins/yield… Still early, follow only official sources and stay tuned!
Turns out that auditors cannot figure the algorithm from the code (surprise!), so having to write a quick document for them to understand it
EXCLUSIVE: Curve Finance founder raises funds at $50 million token valuation for new project Yield Basis theblock.co/post/341554/cu…