๐จ New on Binance Futures: YieldBasis ($YB ) ๐ฅ
A surprise listing โ no spot or Alpha yet, but Binance Futures has opened YBUSDT pre-market trading.
๐ก Whatโs YieldBasis?
A new DeFi protocol from the founder of Curve Finance, built to eliminate impermanent loss for liquidity providers.
It runs on Curveโs crvUSD infrastructure, using leverage + smart rebalancing to stabilize yields.
๐น Key Features:
โข Zero IL (impermanent loss) mechanism โ๏ธ
โข High-yield LP model for $BTC & $ETH liquidity ๐ฐ
โข Governance via veYB (vote-locked YB) ๐
โข Revenue sharing + staking incentives ๐
๐น Tokenomics:
โข Max supply: 1B
โข veYB locks up to 4 years (reduces active supply)
โข Revenue-sharing replaces burns โ value grows with protocol use ๐ฅ
๐ง Why itโs a big deal:
YB aims to make liquidity provision sustainable โ bridging DeFi yield with TradFi-style stability.
The fact that Binance listed it on Futures before Spot? Thatโs raising eyebrows. ๐
