PANews reported on November 10th that Yield Basis stated on its X platform that it has noticed a decline in the value of staked liquidity providers' Bitcoin-denominated assets during recent market volatility and is therefore deploying an improved solution. Yield Basis is migrating to an improved liquidity pool solution, which significantly reduces the volatility of value calculations during periods of market fluctuation (improving stability by approximately an order of magnitude). Users will receive proportionally distributed compensation to offset the differences between the old and new calculation methods. Compensation will be sent directly to their LP wallets without requiring claiming. The migration will begin after the contract is deployed, and an announcement will be made at least 48 hours prior to the start of the migration. LPs are encouraged to participate as soon as possible after the migration begins. A dedicated migration contract has been created. The user interface will be available on yieldbasis.com after the migration starts. There is no time limit for the migration; the old contract and user interface will continue to operate.PANews reported on November 10th that Yield Basis stated on its X platform that it has noticed a decline in the value of staked liquidity providers' Bitcoin-denominated assets during recent market volatility and is therefore deploying an improved solution. Yield Basis is migrating to an improved liquidity pool solution, which significantly reduces the volatility of value calculations during periods of market fluctuation (improving stability by approximately an order of magnitude). Users will receive proportionally distributed compensation to offset the differences between the old and new calculation methods. Compensation will be sent directly to their LP wallets without requiring claiming. The migration will begin after the contract is deployed, and an announcement will be made at least 48 hours prior to the start of the migration. LPs are encouraged to participate as soon as possible after the migration begins. A dedicated migration contract has been created. The user interface will be available on yieldbasis.com after the migration starts. There is no time limit for the migration; the old contract and user interface will continue to operate.
Yield Basis will be migrated to an improved pool contract to correct fee allocation discrepancies.
PANews reported on November 10th that Yield Basis stated on its X platform that it has noticed a decline in the value of staked liquidity providers' Bitcoin-denominated assets during recent market volatility and is therefore deploying an improved solution. Yield Basis is migrating to an improved liquidity pool solution, which significantly reduces the volatility of value calculations during periods of market fluctuation (improving stability by approximately an order of magnitude). Users will receive proportionally distributed compensation to offset the differences between the old and new calculation methods. Compensation will be sent directly to their LP wallets without requiring claiming. The migration will begin after the contract is deployed, and an announcement will be made at least 48 hours prior to the start of the migration. LPs are encouraged to participate as soon as possible after the migration begins. A dedicated migration contract has been created. The user interface will be available on yieldbasis.com after the migration starts. There is no time limit for the migration; the old contract and user interface will continue to operate.
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