Yield Basis: upcoming migration to new pools implementation


19 recorded changes
Want your article here?
Promote with Leviathan News

19 recorded changes
Want your article here?
Promote with Leviathan News"The main case observed was an admin fee overcharge. Due to this overcharge, staked LP holders experienced a temporary reduction in LP position value, while unstaked ybBTC holders received excess fees." Fundamental protocol profitability: ~1% for ybBTC during the last month (Relative Growth section). This represents pure LP income excluding admin fees and YB emissions. Admin fee charged: 48.76 BTC, correct fee: 4.81 BTC > 43.95 BTC difference to be returned. Non-staked LP PnL: 16.11 BTC Staked LP PnL: −54.34 BTC (includes temporary overcharge impact) System net profit: 9.2 BTC (correct amount for unstaked LPs + admin fee) Thus, 43.95 BTC of the 54.34 BTC temporary loss will be covered from the overcharged admin fee."
Top comment by @Spencer420

gov.curve.finance ·

𝕏/@Raacfi ·

news.curve.finance ·

Cryptonews ·

𝕏/@CurveFinance ·

news.curve.finance ·

gov.curve.finance ·

𝕏/@Raacfi ·

news.curve.finance ·

Cryptonews ·

𝕏/@CurveFinance ·

news.curve.finance ·
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?