About Yield Basis

YieldBasis is a financial protocol designed to allow users to contribute Bitcoin (BTC) as liquidity in an automated market maker (AMM) pool. This innovative approach mitigates the risk of impermanent loss (IL), a common concern among liquidity providers, while still enabling participants to earn trading fees. By utilizing advanced algorithms and risk management strategies, YieldBasis aims to create a more stable environment for liquidity provision in the cryptocurrency market. The platform focuses on enhancing user experience by ensuring that liquidity providers can engage in trading activities without the fear of losing value due to market fluctuations. YieldBasis seeks to attract a diverse range of users, from individual investors to institutional players, by offering a secure and efficient way to participate in decentralized finance (DeFi). Through its unique features, YieldBasis aims to contribute to the overall growth and stability of the cryptocurrency ecosystem.