YieldBasis announces launch of fee conversion mechanism
On December 3, YieldBasis announced on the X platform that it has launched a fee conversion mechanism, distributing the collected 17.13 BTC (approximately $1.578 million) in fees to veYB holders. In addition, the introduction of the fee conversion mechanism will create synergies between YieldBasis DAO, Curve DAO, and crvUSD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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