Yield Basis, a protocol developed by the decentralized finance (DeFi) platform Curve Finance, mitigates impermanent loss for tokenized Bitcoin (BTC) and Ether (ETH) liquidity providers (LPs), while also creating a market-based approach to token inflation and emissions, according to Curve founder Dr. Michael Egorov.
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…








