yieldbasis

It's this time again! Let's try to recapture back some arb profits for @yieldbasis LPs. It will only work if voters will be fast enough (if not - we'll not recapture some ₿). yieldbasis.com/govern

Yield Basis is doing the best numbers in DeFi. I’ve been checking the @valueverse_ai dashboard for @yieldbasis and the metrics are impressive. Right now, the Market Cap / Revenue ratio is sitting at 3. To put that in context, the only project performing better in the entire market is Pumpfun. It is literally ahead of giants like Aerodrome or EtherFi. But the real madness happens when volatility spikes: that ratio drops below 1. Even when the market cools down, the average stays around 1.1, which is just insane efficiency. I wanted to double-check this on @DefiLlama and the data holds up. If you look at the 3-month average, Yield Basis has a ratio of 0.82. The protocol is a beast, but we have to look at the full picture. There are still technical and trust issues that need to be fixed, and people need time to understand how things like TRD work. Plus, we can't ignore the inflation: we are looking at over 150% more tokens this year. That is a lot for any investor to digest. However, if they manage to fix the trust issues and the revenue keeps scaling, this token could be a massive long-term play for late 2026 or 2027 once the inflation starts to settle. It’s rare to find this level of revenue generation. It’s definitely one to keep on the radar, but only if you understand the risks involved. Do you care more about the pure revenue or does the 150% inflation keep you on the sidelines for now?

@valueverse_ai lit!

LIVE: A data hub for @yieldbasis & $YB Metrics for users & Deep Context Data for AI: -> protocol/pools/yield metrics -> $YB, mining price, revenue, multipliers -> Tech metrics & stats What's inside👇

YieldBasis continues to be one of the most interesting yield generating protocols focused on BTC today. Depending on how you hold the ybBTC asset. You can choose to earn yield from trading fees or in token emissions and they vary depending on many factors.

YB from @yieldbasis is now live on the OTF dashboard. The Ownership Token Framework maps ownership mechanisms so investors can evaluate tokens on fundamentals. YieldBasis uses a ve model (veYB) where YB holders lock tokens to gain governance power and vote on emissions.

Saw some questions wrt to why fundamental value dropped Will cover briefly here TL:DR the pool spent its reserves to move concentrated liquidity and TRD is recovering.

People track $BTC chart. I track $YB fees Volatile day = good day for @yieldbasis

Why YieldBasis is working exactly as planned. The market just took a brutal hit. Here is how YieldBasis is surviving the crash, based on the latest math and data from the @tulipacapital report. When this team entered @yieldbasis with cbBTC back in November, the strategy was clear: leverage on top of Curve to earn massive fees while keeping price exposure. But now that the market has dumped, the TRD (Temporary Redemption Discount) has kicked in. If you try to withdraw now, you’ll lose a significant percentage (21%). But you need to understand the difference between the actual value of the assets in the strategy (the PPS) and the value you get if you exit early. The TRD isn't "lost" money; it’s a reflection of the pool imbalance caused by massive selling. The math behind the TRD is very specific: > If BTC bounces back to $80k-$85k, the TRD drops to 0% almost instantly. > If BTC stays flat (around $63k which is the actual price), we would need about 38-40 weeks for the fees to rebalance the system. > If BTC drops to $50k or lower, we enter a critical fear phase where we would have to wait more than a year, even though the underlying asset value (PPS) has already grown by 7.3% since launch. To speed things up, the new Hybrid Vault and LEVAMM adjustments will start shifting fees dynamically to redistribute liquidity faster. Everything is working exactly as it was designed to. It’s painful if you need an immediate exit, but the mechanical reality of the protocol is holding up.

Don’t jump off a moving train. If you are looking at the TRD in @yieldbasis and thinking about panicking, you need to understand how the plumbing works first. As you know. the goal of LEVAMM is to maintain debt at 50% of the LP total to eliminate Impermanent Loss. Here is what actually happened: > Arbitrageurs bought cheap BTC in DeFi and sold it into YieldBasis, leaving the pools heavy on Bitcoin. > On top of that, BTC’s price drop caused "leverage drift," pushing the debt-to-value ratio up. > To fix this, LEVAMM sells LP tokens at a discount to bring in crvUSD and rebalance that 50/50 ratio. But this takes time. Why? Because Curve processes prices at three speeds (last price, oracle MA, and price scale). Moving concentrated liquidity to the new price range is expensive. The system relies on trading fees and interest from the LEVAMM to fund that move. Right now, the protocol is in "defense mode," taking zero profits to build a cushion and migrate that liquidity. Even the WETH pool, which is usually more balanced, is seeing a high TRD because its liquidity is less concentrated, making the system agile but the divergence more visible. The health of the stablecoin is the main risk; if it depegs, the TRD increases. But withdrawing now is like jumping off a moving train. Volatility is exactly what creates the volume and fees needed to fund the rebalancing. There is no insolvency. It’s a processing period. We need to see volume in the pools; as long as they are moving, the system is working. Patience is the only play here.

@duonine @yieldbasis Here we go again. This is how it works ser: there are big temporary reductions like that after drastic price moves which "close" over time (not requiring price return). Example attached

A great example of an arbitrage trade in @yieldbasis - you just need to see how it all works.

@yieldbasis is not only an "AMM Improvement". It's much deeper. It is a product tokenizing dynamically rebalanced, gamma-neutral leveraged LP strategy TRD explanation by @llamaintern is a must read to understand how it works.

A State of Yield Basis [REPORT] Access the full report: app.valueverse.ai/research/mid-q… @yieldbasis performance review: fees, emissions, and safe scaling framework

启新迎春，瑞气盈门。 Yieldbasis 敬贺新春。 骏业腾达，鸿运长存， 财丰岁盛，基业长青。 as a new cycle begins, @yieldbasis extends its sincere New Year wishes. built for the long term. built beyond cycles.

Attention @yieldbasis veYB holders! It appears that it is possible to reduce arbitrage leak of BTC pools price_scale adjustment. That means, more fees for veYB on average, and bigger returns for LPs on average. Votes 29-32 implement that if voted quick yieldbasis.com/govern