YieldBasis announces launch of fee conversion mechanism
On December 3, YieldBasis announced on the X platform that it has launched a fee conversion mechanism, distributing the collected 17.13 BTC (approximately $1.578 million) in fees to veYB holders. In addition, the introduction of the fee conversion mechanism will create synergies between YieldBasis DAO, Curve DAO, and crvUSD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: Fusaka Upgrade Facilitates Cost Estimation for Ethereum L2 Projects
BlackRock transfers approximately $78.3 million worth of Ethereum to a certain exchange's Prime platform
Metaplanet plans to issue a new class of shares modeled after Strategy
A major whale goes long on BTC, ETH, and ZEC, with total holdings exceeding $55 million
Trending news
MoreCrypto prices
More
