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Yield Basis
Total Pool
To Be Announced
Rewards
Earn Yield on $BTC
Limitations
All participants
End Date
Nov 24, 2025
Distribution: TBA.
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About Yield Basis
YieldBasis enables users to provide BTC as liquidity in an AMM pool without impermanent loss (IL), while still earning trading fees.
- Deposit BTC -> receive ybBTC (claim on a 2× leveraged BTC/crvUSD LP).
- The protocol borrows crvUSD against the LP position and keeps the loan position at 2× compounding leverage (50% debt‑to‑value).
- The position tracks BTC 1:1 (no drag) while earning Curve trading fees.
- Stay unstaked to earn fees in BTC, or stake the ybBTC token to earn YB token emissions instead.