Yield Basis (YB) is now live on Bybit Spot

ChainCatcher message, Bybit spot has officially launched Yield Basis (YB) spot trading tonight at 7 PM (UTC+8).

To celebrate the launch, the platform has simultaneously opened two major events: a 250,000 YB Token Splash trading competition and a 600,000 YB Launchpool. Users can earn rewards through staking, depositing, or trading.

YieldBasis is an innovative yield aggregation and liquidity management platform that allows users to provide BTC to automated market maker (AMM) pools for liquidity mining, while avoiding the risk of impermanent loss (IL). Users can earn trading fee income while protecting the value of their principal, and flexibly manage their funds to achieve stable passive income.