17 Bitcoin Hoard About To Be Unleashed By YB

The governance proposal for the YieldBasis Fee Switch is the most important milestone for the protocol this quarter. This is not just a theoretical upgrade; it represents a massive, immediate value unlock. A staggering 17.13 $BTC—currently valued around $1.578 million—has already been collected and is awaiting distribution. When the Fee Switch is implemented, this substantial treasury will flow directly to veYB holders, fully realizing the utility of the $YB token. This mechanism creates powerful synergy, strengthening the entire YieldBasis DAO, $CRV, and crvUSD ecosystem through enhanced value accrual.

Disclaimer: Not financial advice. Always DYOR.

#DeFi #YieldBasis #ValueAccrual #BTC #veToken

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