Aero and Uni are still useful for bootstrapping new tokens and getting initial liquidity up, but even that mostly needs active market makers in the mix. Once a pair has real flow, the math gets harder for passive LPs. Curve-style pools auto-concentrate for you, which is better for people who don’t want to babysit ranges, but you still eat the IL. Aero emissions often don’t fully cover that cost either. You can always just bootstrap with your own token’s emissions too. Yield Basis is interesting because it tries to give passive capital the price exposure of holding the asset while still earning fees, without the classic IL drag. Prop AMMs keep taking the tightest flow with even tighter spreads. Launchpads (Pump.fun and the ones Uni and others have rolled out) have already captured a lot of the pure meme/new-token volume that used to go through general DEXes. Aero can still win on certain new-token launches and multi-chain liquidity, but that lane is narrower than it was. The middle ground of “public AMM + emissions for mostly active LPs” is getting squeezed from both sides. @yieldbasis @aeroxyz

8.5% APR on ETH coming soon to @yieldbasis with new updates. This assumes all LPs don’t stake and no organic flow. In reality, this will be MUCH HIGHER 🚀 YB will soon be making a lot of fees. With the new settings It would have made at least 1.38M / yr in fees. Just on the ETH pool!!! This can scale to at least 4x fees for this single asset. That would have made 5.5mil in fees for veYB. Thats $0.055 a YB currently, Now imagine what happens when you add the other 3 BTC pools and new assets???

Formally verified yield that beats the benchmark rate (ETH staking) and is permissionless, trustless, and has no intermediaries is a HUGE differentiator. @yieldbasis + @CurveFinance How do you build a moat around it though? Create a system of credit that is trusted, stable, and permissionless. ethereum:0xf939e0a03fb07f59a73314e73794be0e57ac1b4e Now you can scale this safe and permissionless yield system to trillions.

Not sure people realize the potential of YB. It’s a truly passive, permissionless, yield strategy that avoids impermanent loss. Earn 4-7% on your BTC. Take a liquidation protection loan against it. Outside of pure isolated lending, it’s the only true passive source of yield. No intermediaries. No tricks. No high risk collateral. No exogenous yield. Vaults require “capital management”. Efficient lending requires “risk analysis” Basis trades requires outside arbs. LPing requires sophisticated liquidity management.

Things coming soon for @yieldbasis 1. Dynamic fees for better earning 2. Better earning in all market regimes (more revenue and better concentration) 3. Borrow against ybLPs to loop and earn even more. All of this aimed to dramatically increase profit of pools and therefore veYB holders. This is real profit on a working strategy in production for over year. Completely permissionless and soon formally proven.

You don’t have enough ethereum:0x01791f726b4103694969820be083196cc7c045ff What happens when @yieldbasis pools earn on ALL volatility, not just big moves? iykyk.

You showed them!

If this new propAMM can actually use the idle liquidity to quote tight spreads and start taking volume it’s kid of game changer for @yieldbasis. YieldBasis pays to much for rebalancing and if they try to offset that with fees, the pools can get kinda stuck until higher volatility. Even with tight spreads, if they can earn fees in tight chop these can help rebalance the pool and then allow YieldBasis to earn much more without spending on rebalancing so much.

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