Yield Basis price

YB

Yield Basis uses a mathematically elegant approach that combines:

• Leveraged Liquidity with Zero IL: Implements a 2x leverage strategy with Curve's CryptoSwap AMM that mathematically neutralizes impermanent loss.
• Optimized Concentrated Liquidity: Based on backtesting, unlike basic xy=k AMMs that suffer ~5.8% losses with leverage, Yield Basis's modified CryptoSwap achieves +10.5% APR through precise liquidity concentration.
• crvUSD Subsidy Mechanism: Redirects fees from crvUSD positions to subsidize rebalances, creating a sustainable economic model with optimal feegamma and outfee parameters.

The formula APR = 2r_pool - (r_borrow + r_loss) becomes profitable through this innovative design, turning what would be negative returns in basic systems into double-digit yields.

Yield Basis is governed by the YB token (1B total supply), with ve-tokenomics similar to Curve, allowing stakers to boost yields and capture protocol fees.