Curve DAO Greenlights Yield Basis Protocol as Staged Rollout Commences
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Yield Basis Launch Approved: The Curve DAO has approved a proposal to launch Yield Basis, a new protocol aimed at addressing impermanent loss in decentralized finance (DeFi) using Curve's stablecoin, crvUSD, with an initial credit line of 60 million crvUSD.
Bitcoin Yield Opportunities: Yield Basis will support three Bitcoin-focused liquidity pools, allowing single-sided BTC deposits to generate yield while minimizing impermanent loss, thus enhancing Bitcoin's earning potential in the DeFi space on Ethereum.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







