What is YB?

[cryptobro]

Yield Basis (YB) is the native token of the Yield Basis protocol, an on-chain DeFi solution. It allows users to provide Bitcoin liquidity to automated market maker (AMM) pools without suffering impermanent loss, earning rewards from trading fees. The protocol has seen rapid growth, with its TVL climbing from $30M in October to over $200M.

#YieldBasis #DeFi #CryptoFAQ

[tradelikepro]

rapid growth sounds promising but always gotta check smart contract risk