Project Overview
YieldBasis is a DeFi protocol that uses leveraged liquidity and Curve’s crvUSD to boost yields for BTC and ETH holders while aiming to eliminate impermanent loss.
Website: https://yieldbasis.com/
X: https://x.com/yieldbasis
Token Overview
Token Name: YieldBasis
Token Ticker: YB
Total Supply: 1,000,000,000
Token Utility:
YB is the Yield Basis ecosystem token. Tokens have to be locked into veYB (vote-escrowed YB) to activate the following utilities:
- Governance: Vote on parameters that include admin fee levels, treasury allocation, protocol parameters etc.
- Fee Sharing: Receive a share of protocol fees (admin fees), proportional to veYB balance
- Voting for Gauges: Vote on how YB emissions are distributed among different pools
Key Details:
• Currently trading around $1.2 on Binance futures
• 6x from Legion Sale
• 12x from this sale price ($0.1)
Hosted on Binance Wallet Each user can commit up to 3 BNB
Total raise: $2.5M [in BNB]
Tokens available: 25M (2.5% of supply)
Price: $0.1
Cap per user: 3 BNB
Eligibility: Binance Alpha Points required
Allocation: Pro-rata based
Trading on Binance Alpha & DEX: Oct 15, 10:00 UTC
After subscribing, you’ll receive a non-tradable Key in your wallet as proof. Actual YB tokens will be airdropped to your Binance Alpha account on TGE.
How to participate:
1. Open Binance Wallet → https://accounts.binance.com/register?ref=10233218
2. Click the activity banner
3. Follow the instructions
4. Ensure you have BNB in your Binance Keyless Wallet
5. Subscribe between Oct 13 (8 UTC – 10 UTC)
