[New Token] 1 YB = $0.0995 USD - Eradicating impermanent loss to unlock compounding, zero-subsidy yields for blue-chip assets

puncakbukit (78)in #yb • 2 days ago

5% of the rewards of this post are for @steem.amal

_{(Chart by TradingView)}

What do you think of YB price in the next one month? Reply in the comments!

Yield Basis (YB) is the governance token of YieldBasis, a Curve-based DeFi AMM protocol designed to reduce impermanent loss and generate sustainable BTC and ETH yields. Currently, the Ultimate Moving Average indicator is subtly decreasing.

Yield Basis reduces impermanent loss by using 2× leveraged BTC–crvUSD liquidity positions, converting LP assets into yield-bearing collateral that backs protocol debt. Meanwhile, the SuperTrend indicator just switched to sell signal.

Yield Basis limits token inflation by making LPs trade part of their natural yield for YB rewards, strengthening the token’s long-term value in DeFi markets.

About Yield Basis (YB)

Yield Basis (YB) functions as the native governance and ecosystem token of YieldBasis, an on-chain automated market maker (AMM) liquidity protocol engineered to produce sustainable, non-subsidized yields for major digital assets, particularly wrapped Bitcoin (BTC) and Ethereum (ETH). Built on architectural foundations associated with Curve Finance, the protocol focuses on solving one of decentralized finance’s most enduring problems: impermanent loss (IL).

Conventional AMMs often expose liquidity providers (LPs) to impermanent loss whenever the relative prices of assets inside a liquidity pool move apart. Yield Basis seeks to remove this inefficiency through a constant 2× compounding leverage structure supported by the overcollateralized stablecoin crvUSD.

When users deposit assets such as Bitcoin into the protocol, a structured sequence of transactions is initiated. First, the deposited BTC is paired with an equivalent USD-denominated amount of crvUSD borrowed through a dedicated Collateralized Debt Position (CDP). The BTC and crvUSD are then supplied to a Curve BTC/crvUSD liquidity pool. Afterward, the resulting Curve LP token is converted into a yield-bearing asset like ybBTC, which becomes the collateral backing the associated debt position.

To preserve an exact 50% debt-to-equity balance, the protocol incorporates a Re-leverage AMM alongside a virtual pool mechanism. This system dynamically adjusts incentives for outside arbitrageurs, encouraging them to rebalance the portfolio whenever Bitcoin prices shift. As a result, the liquidity provider position mirrors the underlying asset price on a one-to-one basis, enabling investors to earn natural trading fees while avoiding directional exposure to impermanent loss.

The YB token itself follows the ERC-20 standard and has a fixed maximum supply of 1 billion tokens. Within the ecosystem, it acts as the primary mechanism for governance participation, incentive coordination, and value capture.

To access the token’s main utilities, holders must lock their YB into a vote-escrowed structure known as veYB. This “value-first” design allocates protocol benefits according to how long tokens remain locked.

veYB holders are entitled to a proportional share of administrative fees generated by the protocol, effectively turning the token into a productive asset directly connected to platform activity and trading volume. Escrowed holders also gain gauge voting authority, allowing them to influence how future YB emissions are distributed across liquidity pools. In addition, governance participants can directly shape major protocol decisions, including treasury allocation strategies, admin fee parameters, and broader system-level adjustments.

Yield Basis also adopts a strict emissions framework. Instead of using aggressive token inflation to attract liquidity providers, the protocol requires LPs to sacrifice part of their organic yield in exchange for receiving YB rewards. By attaching an implicit capital cost to token acquisition, the system is designed to reinforce the token’s long-term value proposition within decentralized financial markets.

What do you think of YB price in the next one month? Reply in the comments!

Disclaimer: This content is for educational purposes only, not financial or legal advice; crypto and DeFi investments are highly risky, so research carefully and consult a licensed advisor first.

Assisted by https://gemini.google.com/.