NingNing
NingNing|Sep 24, 2025 09:36
I don’t get it. Why did Kraken IEO not choose a PerpDEX project or an AI Agent project, but went with this YieldBasis instead? To put it bluntly, this project is just using a flash loan mechanism to achieve a 2x BTC liquidity pool LP on Curve, and then adding an auto LP rebalancing feature with VeToken mechanics on top. At best, it’s just a simplified and inferior spin-off of Curve. No desire to participate at all.
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