Yield Basis (YB)
Yield Basis is a DeFi platform that enables users to provide BTC as liquidity to the AMM pools without risk of impermanent loss. YieldBasis keeps LP positions moving the same as BTC (1:1, no impermanent loss) by adding borrowed crvUSD and holding a steady 2x leverage.
$YB is a multi-utility token that powers governance, revenue sharing, staking rewards, incentive mechanisms, and partnerships.
Yield Basis Crypto totally raised $5M from undisclosed investors and will run the ICO sale via the Legion Launchpad.
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