Yield Basis
ICO on Legion

Past 29 Sep - 01 Oct 2025 Legion Launchpad

YieldBasis is a DeFi protocol that allows users to add BTC liquidity to AMM pools with no impermanent loss, maintaining LP positions 1:1 with BTC through borrowed crvUSD and fixed 2x leverage.

In September 2024, the Legion announced a public token sale aiming to raise $5M.

CoinLaunch Score: Last update:

High 01 Oct 2025

Yield Basis - ICO on Legion Overview

start date: 29 Sep 2025

end date: 01 Oct 2025

price: $0.2

tokens for sale: N/A

Raise: $7,190,000

Min. Buy: $1,000

Max. Buy: N/A

Industry: DeFi

Lock-up: 100% at TGE

Launchpad Legion Launchpad

More about Yield Basis

How to join Yield Basis - ICO on Legion?

The Yield Basis ICO on Legion has two Phases:

Phase 1: Merit-Based Presale

Up to 20% of the total allocation will be reserved as presale access for users with an active Legion Score. The YieldBasis sale will be based on a pre-deposit system. This means that you would need to deposit your USDC beforehand on Ethereum mainnet

Phase 2: First-Come, First-Served (FCFS) Sale

Pre-deposit USDC and submit your transaction quickly; speed determines allocation.

Note: Both phases require pre-depositing USDC on Ethereum mainnet, and the FCFS pool is open to everyone once the presale ends.

To participate in the Yield Basis Merit-Based Phase, you need to visit the platform and sign up or log in on the launchpad.

If you haven’t been registered yet, complete all the stages, such as confirming your email, wallet, connecting your GitHub account and verifying socials, and filling bio on Legion. If done right, you will see your score in the Purchaser profile.

The Purchaser Score is just one of the metrics used by a project to determine whether to grant you an allocation on the platform. It’s composed of several sub-metrics created by the Legion launchpad, which track both your on-chain and off-chain activity, including On-chain activity, Social, and Developer scores. Additionally, the project team can manually review your social presence and wallet metrics.

Afterward, head to the Sales page and complete KYC verification if you haven’t done it yet.

Now apply for the sale, make a deposit by the desired size of the allocation, and a cover letter, in which you can explain the project and how you can contribute to the project’s long-term goals.

Try to provide the team with as much potentially “useful” info about you, like your passion in crypto, maybe your own blogs, or just your experience in crypto to increase your chances of getting allocation.

Later, the project will review your application and decide on your allocation and its size, depending on multiple factors including your purchaser profile score, your cover letter, your profile, and even some achievements reached outside of the platform.

If picked by the project, you will receive an email explaining the size of your allocation.

Phase 2: First-Come, First-Served (FCFS) Sale

Once presale access has closed, the remaining allocation will be open for everyone. This pool is FCFS, meaning speed matters. You will be able to participate via either Legion or Kraken Launch with a valid account. The allocation pool will be the same irrespective of which platform you decide to use.

Good Luck! 🍀

Step-by-step Guide

Visit the site, and click on the Sign up or Log in button.
Complete all the registration steps if you don’t have an account;
Find out your score in the Purchaser profile;
Visit the sale page and complete KYC if you haven’t done it yet;
Apply for the allocation by making a deposit and wait for the response from the project;
If qualified, buy the upcoming Yield Basis tokens;
Participate in the FCFS phase.