Yield Basis announced plans to migrate to an improved liquidity pool contract to address fee allocation discrepancies and enhance stability during market volatility. The new solution aims to significantly reduce the volatility of value calculations, improving stability by approximately an order of magnitude. Users will receive compensation directly to their LP wallets to offset differences between the old and new calculation methods.
The migration will commence following the deployment of the new contract, with an announcement at least 48 hours in advance. Yield Basis encourages liquidity providers to participate promptly once the migration begins. A dedicated migration contract and user interface will be available on yieldbasis.com, with no time limit for migration as the old contract and interface will remain operational.
Yield Basis to Migrate to New Pool Contract to Address Fee Allocation Issues
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