According to MarsBit, on December 6, Yield Basis, a protocol developed by Curve Finance founder Michael Egorov, activated its fee switch, directing income to token holders. Some users have four weeks to claim over 17 BTC in earnings accumulated since the protocol launched in September. The BTC was valued at nearly $1.6 million on Friday. The proposal to activate the fee switch was unanimously approved by Yield Basis token holders on Wednesday.
Yield Basis Activates Fee Switch, Users Eligible to Claim 17 BTC in Earnings
MarsBitShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.