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Impermanent loss has long deterred crypto holders from becoming liquidity providers in DeFi. Curve Finance’s new protocol, Yield Basis, aims to mitigate this risk for BTC and ETH LPs while addressing token inflation.
- Yield Basis by Curve Finance reduces impermanent loss for BTC and ETH liquidity providers.
- The protocol introduces a market-based approach to managing token inflation and emissions.
- Impermanent loss occurs when asset prices in a liquidity pool deviate, disadvantaging LPs.
📎 Related coverage from: cointelegraph.com
Other Tags: Curve Finance, DeFi