Not all gov proposals have the same influence on the future.
The new
@yieldbasis proposal directly improves future yields for both LPs and veYB holders.๐
Few understand how big it is for the $YB's future
It directly stabilizes $crvUSD peg, enabling:
- More captured fees LPs & veYB holders
- Higher TVL limits
- TVL -> fees for LPs & veYB -> ๐for $BTC $ETH LPs
FLYWHEEL:
๐yield mean more LPs wiling to join
๐ TVL (limits unlocked!) increases market depth and attracts more swap volumes
๐ swap volumes mean ever more fees, and cycle repeats ๐
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