💰 YIELDBASIS DISTRIBUTES 17.13 $BTC IN FEES TO VEYB HOLDERS AND A NEW SYMBOLOGY MECHANISM
YieldBasis $YB has just announced the activation of its fee conversion mechanism, a move to share revenue directly with the community and solidify its position in the Curve/crvUSD ecosystem
YB
0.521
-1.04%
A total of 17.13 BTC (approximately $1.578 million USD) has been collected. This BTC fee will be distributed to holders of veYB (the locked/staken version of the YieldBasis governance token)
BTCUSDT
Perp
89,527.2
-2.03%
This is a powerful way to incentivize users to lock up tokens and participate in governance by increasing the real yield and value of the veYB token #yield
YBUSDT
Perp
0.5205
-0.80%