😂Scrolling through comments on my @yieldbasis token sale post…
🤣Some calling it a paid post, others screaming "$200M FDV too high!"
😅Thanks for skipping this one
🚨This is the next tokensale I'm most excited for
💥Full details on @yieldbasis & It's token sale on @legiondotcc
🤝Recently @legiondotcc x @krakenfx announced partnership to launch token sale platform
🏆First Sale - YieldBasis
🤔But what's so interesting
✳️ @newmichwill, founder of @CurveFinance is launching YieldBasis
🤯Curve is one of the key DeFi project & YieldBasis is from same team - Bullish
🤔What problem r they solving?
✳️ Most of the scary things in DeFi LP is impermanent loss
✳️Example - if u LP $200 in BTC/USDT & if BTC pump 2X
📉Ur IL is - 5.7%
🆕YieldBasis is building new AMM
✅U just add BTC
✅No impermanent loss
🤔How it works
💱In background it borrow equal crvUSD & LP
📥Then add that LP as colatoral for borrow
😁So it's always 200% over collateral
✅Auto rebalance AMM as per price
🤔Will @CurveFinance allow this?
🤗Yesterday Yield Basis cleared Curve DAO vote
😉And founder of @CurveFinance & @yieldbasis r same, so it's obvious
👇Sale details
✅Sale on @legiondotcc
🔗
🪙Total supply - 1B
🪙TGE supply - 87.9M
🪙Token sale - 25M
🔓Vesting - 100% TGE unlock
💰Sale FDV - $200M
💵Sale raise - $5M
🧢Min/Max - $1 - $25K
📆Sale on - 1st October
💱Expected TGE - October
🏃Sale Type - FCFS
😉I will try to join
💪Competition will be heavy for this one
🫵What do u think? Let me know in comments section
💙Like
🔁RT
32.45K
225
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.