Opbrengstbasis, een protocol ontwikkeld door de gedecentraliseerde Finance (DEFI) platformcurve-financiering, vermindert het vergankelijke verlies voor tokenized Bitcoin (BTC) en Ether (ETH) liquiditeitsaanbieders (LPS), terwijl ook een marktgebaseerde benadering wordt gecreëerd om inflatie en emissies te maken, volgens curve-oprichter Dr. Michael Egorov.
Iniquity loss in Crypto occurs when the price of assets that is deposited in a liquidity pool or deviates in a way that the user leaves fewer funds than if he had simply held their crypto and was not involved in taking liquidity.
Dr. Egorov told Cointelegraph that when funds deposited in a liquidity pool are proportional to the square root of the price of Bitcoin, the perishable loss creates. The founder of the Curve Finance said:
“Antenual losses happen because of this square root dependence. So we really want to get rid of the square root. How do we get rid of the square root? The best way to get mathematical from the square root is to quadrate it.”
The yield base works through a composite leverage, which at all times at all times with Exact 200% over-collaterizes by supplementing the positions with borrowed CRVUSD, the US dollar-decentralized Stabilecoin of the Defi platform, the US Dollar-platform.
A simple diagram that illustrates how you can use leverage to neutralize the perishable loss. Source Yield base white paper
This keeps the price of the position on exactly the double of the collateral that eliminates the square root problem in the heart of perishable loss, Egorov said.
The perishable loss has been harassing liquidity providers for years and also displays potential LPS from entering the game.
Related: SOLV protocol focuses on more than $ 1T in inactive Bitcoin with institutional yield safe
Bifurcated yield options help in setting up inflation and reducing token emissions
Users have the option to receive yields that is expressed in either tokenized Bitcoin or the yield basist smoking, which creates a market -oriented solution for setting up inflation rates and managing token emissions, said the founder of the curve.
Automated regulations and re -balancing of concentrated liquidity. Source: Yield base white paper
“You have to do different things in different market conditions,” he added. Egorov told Cointelegraph that in speculative bull markets many users would probably choose to hold the YB token and use it for price rating, so that real yield to the platform could be built up.
On the other hand, during prolonged bear markets, users will probably choose to play it safely and receive their yield in Bitcoin, created YB -Toko inflation during speculative market phases and offer “optimum” value structure to the YB token.
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