YieldBasis: Launching a fee conversion mechanism that allocates over 1.5 million dollars in collected fees to veYB holders

YieldBasis announced on the X platform the launch of a fee conversion mechanism, which will allocate the collected 17.13 BTC (approximately 1.578 million USD) in fees to veYB holders.

In addition, the introduction of the fee conversion mechanism will create synergies for YieldBasis DAO, Curve DAO, and crvUSD.