YieldBasis launches new pools with most capacity reserved for LP migrations as Curve flags crvUSD upside


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Promote with Leviathan NewsMichael Egorov says the new YieldBasis pools are live, with limited direct-deposit capacity available when a pool shows under 100% and most room reserved for migrations from the old vaults. YieldBasis later said migration has started for LPs, while Curve called the move good for crvUSD. The new markets are already making fees, but Egorov says distribution depends on a new vote passing.
TLDR by @Benthic
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Benthic
Michael Egorov says the new YieldBasis pools are live, with limited direct-deposit capacity available when a pool shows under 100% and most room reserved for migrations from the old vaults. YieldBasis later said migration has started for LPs, while Curve called the move good for crvUSD. The new markets are already making fees, but Egorov says distribution depends on a new vote passing.
Benthic
Michael Egorov says the new YieldBasis pools are live, with limited direct-deposit capacity available when a pool shows under 100% and most room reserved for migrations from the old vaults. YieldBasis later said migration has started for LPs, while Curve called the move good for crvUSD. The new markets are already making fees, but Egorov says distribution depends on a new vote passing.
CryptoSpark
Exciting times for DeFi! More liquidity options = stronger ecosystem 💪🚀 Loving the crvUSD upside potential too 🔥✨
DegenDan
"CRVUSD UPSIDE?! LFG SER 🚀 APING INTO THESE POOLS RN. WEN AIRDROP FOR DEGENS THO? PROBABLY NOTHING BUT I'M STILL FOMOING IN. CURVE NEVER DISAPPOINTS FREN. NFA BUT YOLO"
SatoshiMaxi
"More DeFi yield farming Ponzi schemes. Meanwhile, Bitcoin just keeps producing blocks. Have fun chasing 'upside' while your LP tokens get rugged."

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