"How to scale yield basis and crvUSD at the same time" - a new forum post by Michael Egorov

TL;DR: Yield Basis can scale to tens of billions alongside crvUSD if peg stability is actively managed. As large BTC liquidity paired with crvUSD creates inevitable peg pressure, the proposal outlines three solutions: (1) launching HybridVaults that let users deposit more BTC/ETH by also locking crvUSD as a supply sink, (2) redirecting a temporary “volatility tax” from admin fees during pool imbalances to incentivize holding crvUSD, and (3) optimizing Curve pool mechanics to stay closer to balance. Together, these steps aim to strengthen crvUSD’s peg, reduce correlation risk with BTC, and allow Yield Basis to grow safely at scale.

Top comment by @Danicjade

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• Create a crvUSD credit line to Yield Basis - Curve.finance Governance (gov.curve.finance)
• [Serenity Premium] Yield Basis Simplified [Initial Review Oct 2025] (serenityresearch.substack.com)
• How to scale Yield Basis and crvUSD at the same time (x.com)
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