Yearn announces yYB, a liquid locker for Yield Basis's YB token
๐/@yearnfi โข
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Promote with Leviathan NewsTL;DR: Yearn launched yYB, a liquid locker for Yield Basis that lets users mint transferable yYB 1:1 from YB or veNFTs, keeping full voting and yield power. Early users get bonus yield, and depositing yYB into yvyYB auto-compounds rewards by reinvesting veYB fees back into YB, creating a growth flywheel.
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More coverage
- Yield Basis (YB) Explained: Guide to IL-Free Yield on Phemex (phemex.com)
- yYB Overview - Yearn Docs (docs.yearn.fi)
- Yield Basis (YB) - ICO Drops (icodrops.com)
- YieldBasis (YB) token sale details - Kraken Support (support.kraken.com)
- yield-basis/yb-core: Autoleverage AMM and leveraged liquidity token (github.com)
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