Welcome to the Yield Basis Telegram Channel

⚠️ First things first
Beware of scammers impersonating the Yield Basis team. We will never ask you to give us your private keys or to send us crypto for any reason whatsoever.

Yield Basis official Links
Main website: https://yieldbasis.com
Github: https://github.com/yield-basis
Governance Forum: https://forum.yieldbasis.com/

Yield Basis Social Links
Twitter/X: https://x.com/yieldbasis
Telegram: https://t.me/yieldbasis_chat
Telegram Announcements: https://t.me/yieldbasis
Telegram trading channel: https://t.me/ybtradingchatportal
Telegram Chinese channel: https://t.me/yieldbasisCN

Documentation & Dashboards
Yield Basis Docs: https://docs.yieldbasis.com/
Yield Basis Analytics: https://yieldbasis.com/analytics/markets
Valueverse dashboard: yb.valueverse.ai
Community dashboard: https://www.ybmonitor.com
ybBTC Dune: https://dune.com/valueverse/yieldbasis-valueverse
YB Dune: https://dune.com/valueverse/yb-valueverse
Community dashboard ybBTC: https://nikcrv.github.io/YB/

Proposal to tweak WETH parameters

https://forum.yieldbasis.com/t/tweak-weth-pool-parameters/25

Hybrid Vaults Coming Soon

https://x.com/yieldbasis/status/2038610652194037966

HybridVaults are deployed! This is the scaling mechanism we've been building to grow Yield Basis beyond its current pool caps.

https://x.com/newmichwill/status/2041191941233168796

Excited to share that Hybrid Vaults are now live on Yield Basis!

This is the first component to be deployed on the scaling roadmap. Yield Basis pools have consistently hit their capacity limits within minutes of every cap raise. Hybrid Vaults is the first step to answer to that demand, built to let the protocol scale without compromising on the stability of crvUSD.

The concept is simple:
1. LPs deposit crvUSD alongside their crypto asset (starting with WETH), and the vault creates personal deposit capacity beyond the existing pool caps.
2. The crvUSD is staked into scrvUSD, earning stablecoin yield.
3. The crypto is deposited into the YB pool like it would if you were to deposit directly into the pool.
Every new deposit directly supports the crvUSD peg by increasing the demand for crvUSD. This is what allows YB to safely grow beyond the base caps.

The first market is WETH with $25M in additional deposit capacity. We'll be expanding to more markets and adjusting caps through DAO governance as we evaluate how the Hybrid Vaults perform in prod.

https://x.com/yieldbasis/status/2041439264068546609

New Yield Basis pools are getting very close👀

https://x.com/newmichwill/status/2054271661516398628

Reminder for veYB holders to vote on proposals 37-43

https://x.com/yieldbasis/status/2057560626906681543

https://x.com/newmichwill/status/2057794483903709647

Good monday, V3 is live on Ethereum mainnet and migration to the new pools has started!

https://x.com/yieldbasis/status/2058844373983584529

New proposal out, please vote if you have veYB
https://x.com/newmichwill/status/2062094263668576542

One more related proposal is out, please vote if you have veYB

https://x.com/newmichwill/status/2062487203154964954

Proposal to relax hybrid vault requirements. Reducing crvUSD needed from 55% to 45%

https://x.com/newmichwill/status/2063917836989301141

Proposal 49 passed, Hybrid Vaults are now more capital efficient reducing crvUSD requirements from 45% to 55%

https://x.com/yieldbasis/status/2064297938017505668