Michael Egorov is the Founder of Curve and yieldbasis. In this episode, the legendary DeFi founder walks us through his newly launched protocol called yieldbasis on Ethereum, designed to deliver the best Bitcoin yield yet. We explore how it works, its synergy with Curve, and how it aims to deliver a competitive yield-bearing version of BTC onchain in nearly any market conditions. ------ 🔗 Essential Show Links 🔗 ► Newsletter: https://the-edge.xyz ► Youtube: https://youtube.com/@DeFiDad ► Apple: https://tinyurl.com/edgepod ► Spotify: https://tinyurl.com/edgepodspotify ► Linktree: https://linktr.ee/edge_pod ► Follow DeFi Dad: https://x.com/DeFi_Dad ► Follow Nomatic: https://x.com/Nomaticcap ► Learn DeFi: http://defidad.com/ ------ The Edge Podcast Sponsor Resources ♦️ REDSTONE | THE LEADING MODULAR BLOCKCHAIN ORACLE ♉︎ TOROS | EXPONENTIAL GAINS WITH LEVERAGED TOKENS 🌅 NEUTRL | THE NEXT GENERATION OF CRYPTO-NATIVE YIELD 🌞 SOLSTICE | PERMISSIONLESS INSTITUTIONAL YIELD 🥞 SYRUPUSDC BY MAPLE | DEFI'S PREMIUM YIELD ASSET 🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE 🐡 PUFFER INSTITUTIONAL | STAKING SOLUTIONS FOR INSTITUTIONAL SCALE 🌊 RIVER | A CHAIN-ABSTRACTION STABLECOIN SYSTEM ⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED ------ Timestamps 0:00 - Intro 5:43 - Building Curve Finance since 2020 8:36 - Why build yieldbasis? 11:53 - The challenge to productize BTC yield 19:13 - How does yieldbasis work? 25:27 - Sponsor break 26:29 - Current BTC yields and performance 28:20 - Synergy between Curve and yieldbasis 32:10 - Earning BTC yield vs YB emissions 34:19 - Why another protocol, why another token? 36:19 - What’s new with YB tokenomics? 38:50 - Why will users lock veYB? 42:41 - Sponsor break 44:00 - Potential for yieldbasis to work with BTC DATs 44:49 - Understanding risks in yieldbasis 48:55 - Performance during the recent Oct 10 crash 51:25 - How big can yieldbasis scale to? 53:22 - Exploring future assets for yieldbasis 55:47 - Current TVL campaign, plus future caps raise 1:02:47 - Closing ------ 🔗 Guest Links 🔗 ► yieldbasis website: https://yieldbasis.com/ ► yieldbasis on X: https://x.com/yieldbasis ► Michael Egorov on X: https://x.com/newmichwill ------ All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. DeFi Dad and Nomatic both hold BTC. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.
