Zed Posted 2 hours ago Posted 2 hours ago (edited) The Holy Grail of DeFi is Here: YieldBasis ($YB) Kills Impermanent Loss on $BTC 🤯🚨 Every serious yield farmer and institutional DeFi participant knows the biggest threat to providing liquidity: Impermanent Loss (IL). It's the silent killer that makes your $BTC deposits underperform simple HODLing. That nightmare is officially over. We've launched YieldBasis ($YB) on the BNB Chain, and it fundamentally changes the game for Bitcoin liquidity. We're offering a structural fix, not just an incentive band-aid. 🔑 The YieldBasis Innovation: YieldBasis is a decentralized yield protocol that enables truly sustainable earnings on $BTC: - IL Elimination via Leverage: Deposit $BTC, and the protocol automatically uses a 2× compounding leverage model (paired with borrowed crvUSD) to create a position that tracks the price of $BTC 1:1. The result? You earn trading fees without the risk of price divergence-related loss. - Earn Fees, Get Governance: The native $YB token powers the ecosystem. Lock $YB for $veYB to gain voting rights and, crucially, a direct cut (50%) of the protocol’s trading fees (admin fees). This aligns long-term commitment with protocol revenue. - Built on BNB: Fast transactions and efficient access to yield for Bitcoin. 🚀 Trading is LIVE! The YB/USDT trading pair is officially available on CEXs including BingX. The era of fear-free, leveraged $BTC yield farming starts today! - Trading Pair: YB/USDT Stop settling for underperforming LPs. Join the revolution that makes $BTC work harder and smarter for you. What's the first $BTC amount you're depositing into the IL-free pool? Let us know below! 👇 #TopPost #DeFi #Bitcoin #YieldFarming #BNBChain #YBToken #Crypto Edited 2 hours ago by Zed Typing error
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