About Yield Basis (YB)

What is Yield Basis (YB) and why does this coin matter?

Yield Basis is a DeFi protocol built to let BTC and ETH holders earn real yield without swallowing impermanent loss. It uses a 2× crvUSD-powered structure so LPs keep full asset exposure while still collecting fees. You might wonder how that’s even possible—its math pushes the payoff closer to linear, not the curved liquidity profile most AMMs force onto users. That’s the whole angle: yield without the silent bleed.

How does the YB token fit into the crypto system?

YB is the governance and fee-capture layer. Locking it into veYB gives voting rights, gauge control, and a share of protocol revenue in crvUSD or BTC-linked flows. There’s a small quirk worth noting: veYB decays unless you choose a max lock, so long-term lockers naturally gain more weight. It’s a familiar model if you know Curve, but with its own rhythm.

How is the 1B YB supply allocated?

The distribution’s fairly intentional. Liquidity incentives take 30%, the team gets 25%, and ecosystem and investor buckets sit around 12% each. Curve licensing and protocol development share another 15% between them. Smaller slices—public sale, LP seasons, pair rewards, governance, and initial DEX liquidity—fill in the edges. A quick take? Most of the coin is wired toward actual usage rather than splashy emissions.

How do vesting and unlocks play out over time?

Public sale, Curve governance, and initial DEX liquidity unlocked at TGE. Pair rewards release linearly, Season 1 LPs are partly out, and Season 2 hasn’t opened. The big allocations—team, investors, ecosystem reserve, development—stay mostly locked under multi-year schedules. You can almost see the philosophy: slow, staggered, don’t shock the market.

How much usd was raised and in which rounds?

Across 2025 the project raised $12.5 million usd. There was a $5M early funding round, then three $2.5M rounds via Legion, Kraken, and Binance Wallet Sale. Prices ranged from $0.10 to $0.20 depending on the phase. It’s slightly messy in sequence but balanced in outcome: retail got in, institutions got in, and nobody dominated allocation too heavily.

Where can the YB crypto token actually be traded?

YB is listed across major exchanges, with YB/USDT acting as the universal liquidity anchor. Binance, OKX, Kraken, Gate.io, Bybit, KuCoin, and others all carry it. Most price discovery flows through the usdt markets, as usual. On-chain liquidity is growing, but it’s still secondary compared to the CEX rails.

What token sales or airdrops happened along the way?

Several phases: the funding round, Legion ICM, Kraken IDO, Binance Wallet Sale, and a Bybit launchpool that rewarded participants rather than selling tokens. Public-sale allocations unlocked at TGE, which sounds dramatic but was tiny relative to supply. Sometimes these things look noisier than they are.

What’s the general direction of the roadmap?

The protocol launched with BTC pools and gradually rising deposit caps. Next comes ETH pools, deeper gauge integrations, and cross-chain expansion. It’s not a dramatic roadmap—more of a steady, careful scaling pattern. The idea seems to be “don’t outrun stability,” which is refreshing for a crypto project.

What risks should YB holders keep in mind?

Smart contract exposure, leverage dynamics, and dependence on crvUSD and Curve governance all matter. Large locked allocations will eventually unlock. And, honestly, any protocol blending leverage and stablecoin mechanics carries its own edge cases. It’s solid engineering, but still DeFi—so sizing positions and tracking updates never hurts.