Yield Basis — Productive Liquidity for BTC Without IL
Yield Basis (https://yieldbasis.com/) is a DeFi protocol designed for BTC holders seeking yield without exposure to impermanent loss.
It uses a novel AMM model: deposit BTC → receive ybBTC → system auto-borrows crvUSD via Curve → creates a 2x leveraged BTC/crvUSD position.
This structure tracks BTC price 1:1, earns trading fees, and auto-rebalances via arbitrage to mitigate volatility risks.
Founded by Michael Egorov, the creator of Curve Finance (TVL $2.5B+), Yield Basis represents the next evolution of AMM logic. The project raised $5M seed at $50M valuation, and secured a $60M crvUSD credit line from Curve DAO.
Token sale and price prediction
$YB Public Sale via Kraken & Legion
- 🪙 Format: Two phases
- ▫️ Phase 1: 20% allocation (5M tokens) for Legion Score holders
- ▫️ Phase 2: FCFS for all users on Legion and Kraken
- 💵 Price: $0.20 per token → FDV $200M
- 📦 Selling: 25M $YB (2.5% of 1B total supply)
- 🔓 Full unlock at TGE
- 📊 Initial circulating supply: ~88M
- 💳 Max per account: $10K in USDC (ETH mainnet)
- 🛂 KYC required on Legion
- 🕑 Sale starts: October 1 at 14:00 UTC
- ❗ Pre-sale applications open TODAY — complete KYC now
- 🔗 Register: legion.cc
$YB Token Price Forecast – Presale to October Close
- 💵 Presale price: $0.20 → FDV $200M
- 📦 25M tokens sold (2.5% of supply), full unlock at TGE
- 📊 Initial circulating: ~88M
- 📈 Opening week: potential $0.30–$0.40 if demand exceeds allocation
- 📉 Mid-October: expected range $0.25–$0.35 depending on Curve volume and BTC stability
- 🚀 End of October: bullish case $0.45–$0.50 if TVL grows and Kraken supports liquidity
- ⚠️ Bear case: $0.20–$0.25 if adoption lags or BTC volatility spikes
- 🎯 Base case: $0.30–$0.35 by October 31
Project uniqueness
Why Yield Basis Stands Out
- ✅ Proven founder with deep DeFi track record
- 🔧 Solves real IL problem for BTC liquidity
- 🤝 Partnered with top-tier exchange Kraken
- 📈 ICO trend rising (Lombard, Plasma, etc.)
- 🔓 100% unlock at TGE — strong exit potential
- 📌 Even if you miss this sale, upgrading your Legion account is a must-have for the bull market
How to Earn $YB Tokens – Passive vs Active Yield
How to Earn $YB Tokens – Passive vs Active Yield
- 💼 Deposit BTC (e.g., wBTC, cbBTC, tBTC) into Yield Basis
- 🔁 Receive ybBTC and choose your yield stream
- 🟢 Passive Mode: Earn trading fees via price-per-share growth (no claiming required)
- 🟠 Active Mode: Stake LP tokens to earn direct $YB emissions (manual claiming)
- 📥 All earned $YB tokens are sent directly to your wallet and do not expire
- 🎯 Choose between fee yield or token yield at deposit — both options are live
Summary
Yield Basis is built by a proven DeFi founder and solves a real problem—impermanent loss for BTC liquidity.
Its partnership with Kraken signals strong market confidence, and the 100% unlock at TGE makes it attractive for early participants.
With ICO momentum rising (Lombard, Plasma, etc.), this sale is well-timed. Even if you don’t participate, having a verified Legion account will be essential for future bull market opportunities.
