Curve Founder Michael Egorov Launches Bitcoin Yield Platform

Curve Finance founder Michael Egorov has launched Yield Basis a decentralized platform designed to generate Bitcoin yield directly ￰0￱ protocol introduces an updated automated market maker model aimed at removing impermanent loss a common issue for liquidity providers in decentralized ￰1￱ and Governance Yield Basis pairs Bitcoin with stable assets in pools that automatically rebalance exposure to maintain stable ￰2￱ operates under a veToken model giving users greater voting power when locking tokens for longer ￰3￱ and Focus The project has raised initial seed capital and targets professional and institutional users seeking predictable Bitcoin yield through non-custodial

on-chain ￰4￱ focuses on creating transparent yield mechanisms without centralized ￰5￱ Context The launch reflects growing momentum for Bitcoin-native DeFi solutions as the sector diversifies beyond ￰6￱ Basis aims to establish Bitcoin as a productive asset within decentralized markets expanding the base for on-chain liquidity and yield generation.