With this launch, Curve Finance has also launched Yield Basis. This novel technology, called the Unified Liquidity Model, intends to prevent all impermanent loss for Bitcoin and Ether liquidity providers. This move is a significant victory for the decentralized finance (DeFi) ecosystem. First, it gets right at a major concern...
It's got DeFi buzzing. The promise? Eliminate impermanent loss (IL) for BTC and ETH LPs. Sounds fantastic, right? So, before we anoint Curve the savior of DeFi, let’s look a little bit closer. It is time for us to learn the truth about what is going on.Impermanent Loss Finally Vanquished?Impermanent...
Yield Basis is a new Curve Finance protocol. Implementing this novel, cross-chain solution is expected to minimize impermanent loss for liquidity providers of tokenized versions of Bitcoin and Ether. Curve founder Dr. Michael Egorov told Cointelegraph that Yield Basis solves the impermanent loss problem that has plagued liquidity providers for...
With these new features Curve Finance is pushing the envelope of what’s possible with decentralized finance (DeFi). Their newly launched yield basis (YB) mechanism aims to completely free yield farmers from impermanent loss. The system leverages 200% overcollateralization and an innovative token model. In this model, customers are rewarded for...
Africa's youth are hungry. Everyone from those aspiring for better opportunities to those seeking financial freedom through wealth creation through entrepreneurship. They want a system that empowers them, not one that undermines them. Traditional finance has historically been an insular ivory tower. High fees, complex processes, and a substantial lack...
Super liquidity pools have been shaking up the DeFi world. They offer their customers significantly better APYs on their tokens compared to regular staking services with higher APRs. These pools provide a simple approach to generating yield on your crypto holdings. These days, it’s easier than ever for anyone —...
Yield farming. The siren song of DeFi. High APYs scampering around like cartoon dollar signs, guaranteeing easy money with passive income. It's tempting, I get it. Really tempting. Before you go all-in, risks reciprocal exchanges, etc., let’s discuss the silent killers roguishly sneaking on the swap stack. Just skip all...
Liquidity Provider (LP) tokens. Sounds simple enough, right? Deposit crypto, get tokens, earn fees. The DeFi dream! Hold on a second. Before you dive headfirst into yield farming and LP token mania, let's pump the brakes and talk about the stuff nobody likes to mention: the hidden risks that can...
This world of decentralized finance (DeFi) is moving so quickly. Fortunately, innovative new solutions are helping address the challenges liquidity providers face. In fact, one of the largest challenges in crypto liquidity is impermanent loss. It occurs when the prices of tokens in a liquidity pool diverge, making a provider’s...
Curve founder Michael Egorov’s plans to reduce the risk of impermanent loss, a major fear in decentralized finance (DeFi). As one side makes a strong rally—the winner of the bout—Curve’s system is meant to borrow against the winner and buy the loser. This mechanism does a nice job of ramping...