News Explorer — Bitcoin Yield Protocol Debuts From Curve Founder Michael Egorov

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Sep 26, 8:33 am

Coindesk

Bitcoin Yield Protocol Debuts From Curve Founder Michael Egorov

Yield Basis, a new decentralized protocol by Curve Finance founder Michael Egorov, aims to address impermanent loss in decentralized finance, offering sustainable yield opportunities for Bitcoin holders. The protocol eliminates IL risk, providing deeper Bitcoin liquidity and attractive yields for institutional investors through a reengineered AMM model.

Yield Basis, a new decentralized protocol by Curve Finance founder Michael Egorov, aims to address impermanent loss in decentralized finance, offering sustainable yield opportunities for Bitcoin holders. The protocol eliminates IL risk, providing deeper Bitcoin liquidity and attractive yields for institutional investors through a reengineered AMM model.

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