Yield Basis, a protocol developed by the decentralized finance (DeFi) platform Curve Finance, mitigates impermanent loss for tokenized Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” title=”null”>BTC) and Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” title=”null”>ETH) liquidity providers (LPs), while also creating a market-based approach to token inflation and emissions, according to Curve founder Dr. Michael Egorov.
data-ct-non-breakable=”null” href=”https://cointelegraph.com/explained/what-is-impermanent-loss-and-how-to-avoid-it” title=”null”>Impermanent loss in crypto occurs when the price of assets deposited in a liquidity pool dips or deviates in a way that leaves the user with fewer funds than if they had simply held their crypto and not engaged in liquidity…
