Joined January 2025
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Pinned Tweet
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 pool is currently not optimal for migration, it might be better to wait. • 1m cap per market is available in v3 without migration (btc pools already filled up)
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yieldbasis retweeted
These @yieldbasis users seemingly earn 20-30% APR on ETH (thanks to volatility) while earning 5% on USD (thanks to @CurveFinance) at the same time
Replying to @yieldbasis
@yieldbasis v3 = Hybrid Vaults Traction -> 25 may: ~1.7m $crvUSD (pre-v3 snapshot) -> 9 June: ~3.8m $crvUSD $2.1m added ($WETH, $cbBTC pools LPs)
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yieldbasis retweeted
@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 WETH deposits only through HybridVault. You need to stake 45% of crvUSD ~4% APR to deposit.
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yieldbasis retweeted
🏒
These @yieldbasis users seemingly earn 20-30% APR on ETH (thanks to volatility) while earning 5% on USD (thanks to @CurveFinance) at the same time
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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%)
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yieldbasis retweeted
Hybrid Vault efficiency update: -> 1 $crvUSD will unlock $2.2 deposit to @yieldbasis instead of $1.81 ( 22.6% more) Yields now: 1. $crvUSD leg APR: 4.37% (5.45% 1Y avg) 2. @yieldbasis LP leg (fundamental APR): $WETH ~30%, $cbBTC ~4%, $WBTC ~3%, $tBTC 1.3%
A vote to relax HyridVault requirements for @yieldbasis. Just 45% of your crypto deposit value (down from 55%) is needed yieldbasis.com/proposal/49
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yieldbasis retweeted
A vote to relax HyridVault requirements for @yieldbasis. Just 45% of your crypto deposit value (down from 55%) is needed yieldbasis.com/proposal/49
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yieldbasis retweeted
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
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yieldbasis retweeted
And one more related vote guys, also fast quorum would be very very appreciated yieldbasis.com/proposal/48
Hotfix for some withdrawal errors observed @yieldbasis (and more proper allocation of crvUSD for the markets). Please vote if you have veYB! yieldbasis.com/proposal/47
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yieldbasis retweeted
Hotfix for some withdrawal errors observed @yieldbasis (and more proper allocation of crvUSD for the markets). Please vote if you have veYB! yieldbasis.com/proposal/47
🗞️ New Yield Basis Proposal Replace HybridFactoryOwner to unblock HybridVault withdrawals Deploy a fixed HybridFactoryOwner that clamps stablecoin allocation to >=95% of ... etherscan.io/tx/0x17594f5b93… @yieldbasis
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yieldbasis retweeted
Don't forget to move your weight votes from v2 to v3 BTC pools at @yieldbasis
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yieldbasis retweeted
Yield Basis just launched V3 More assets. Better yields. Full breakdown of how it works and the risks behind it: todayindefi.com/guides/intro…
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yieldbasis retweeted
📺 New episode is live! Michael Egorov, (@newmichwill) founder of Curve and YieldBasis, joins BitcoinYield to break down how YieldBasis turns BTC volatility into DeFi yield without traditional impermanent loss. We cover: • How @yieldbasis solves for impermanent loss • why standard AMMs are lossy for long-term BTC holders • how constant-leverage vaults preserve spot exposure • where the yield comes from • CurveUSD mechanics under the hood • YieldBasis V3 upgrades and smoother liquidity movement For serious Bitcoin deployers looking at higher % on-chain yield, this is one of the more technical conversations we’ve done. 👇
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yieldbasis retweeted
"Market forces drive these APR's to be equalized." 🎙️ @newmichwill  @yieldbasis has one of the only mechanisms where two different yield sources can be chosen once you've deposited and received ybBTC.
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yieldbasis retweeted
You're probably not watching but since no one will say it, I will. Six hours since this post and since then: WETH: Filled tBTC: Filled Four pools filled in total. The hybrid pools are moving right behind them. cbBTC hybrid at 75.32%. WBTC at 15.43%. tBTC at 14.34%. 26.69%. Very interesting watch how the market is rushing over those yields. Like I had often said, the market has capital ready to deploy. It just needs somewhere it actually trusts. @yieldbasis is one of them.
Maybe you already figured, but the new version of @yieldbasis pools is live! There is a little bit of capacity available to just deposit (every time you see <100%), but most of the space is reserved for migrating positions from the previous version of the vaults
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yieldbasis retweeted
900 unique addresses have locked the $YB token in the @yieldbasis protocol. The DAO is growing!
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yieldbasis retweeted
New @yieldbasis markets already make fees. But they will start being distributed as soon as this new vote will pass yieldbasis.com/proposal/45
Maybe you already figured, but the new version of @yieldbasis pools is live! There is a little bit of capacity available to just deposit (every time you see <100%), but most of the space is reserved for migrating positions from the previous version of the vaults
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yieldbasis retweeted
Look at those @yieldbasis yields 👀 Don’t let off the gas, anon, there’s lots of opportunities just waiting to be found onchain
Maybe you already figured, but the new version of @yieldbasis pools is live! There is a little bit of capacity available to just deposit (every time you see <100%), but most of the space is reserved for migrating positions from the previous version of the vaults
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yieldbasis retweeted
Dear arb traders! Of course your scripts may discover it automatically but please connect these pools to your systems if not: === Market #7 (WBTC) === cryptopool: 0x313698667d7FDD6789a9BC70821309ff891E729A virtual_pool: 0xF96Ff1189f1c2977b37E5Df01962e1895bcc3d6A === Market #8 (cbBTC) === cryptopool: 0x862CB4E988FB66E72f128d1183829f8c05B6c6A0 virtual_pool: 0x04CA7a7E602335a261B63128e89d43b6fE1e2c87 === Market #9 (tBTC) === cryptopool: 0x4F52C3a81E33521e5a9A47FD9D3BE475D2279c2e virtual_pool: 0x1b9518f6B179552c6A903F213d4EA5503Ab7F96E === Market #10 (WETH) === cryptopool: 0x656341Ef90b622c6634e0573772FfB7f3669b9f3 virtual_pool: 0x772cfF0BE38A6ED31aeAe479cbcb26D54B8404CF
Maybe you already figured, but the new version of @yieldbasis pools is live! There is a little bit of capacity available to just deposit (every time you see <100%), but most of the space is reserved for migrating positions from the previous version of the vaults
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yieldbasis retweeted
We are getting close guys, please vote "yes" here yieldbasis.com/govern Somehow, @yieldbasis is a real DAO, and YOU are in charge of getting new things in!
Replying to @yieldbasis
@yieldbasis v3 launching. bls make $crvUSD great again
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