YieldBasis price

FAQ About YB

• What is YB primary utility?

  The YieldBasis Token (e.g., YB, YBT) is the native governance and utility token at the heart of the YieldBasis ecosystem, a decentralized protocol for leveraged yield farming. Its primary utilities include protocol governance, allowing holders to vote on key parameters; fee sharing, enabling holders to earn a portion of the protocol's revenue; and staking to secure the network and earn rewards, creating a sustainable token economy.

• What is the maximum token supply and how is the YB tokenomics focused on community growth?

  The Maximum Token Supply of YB is permanently capped at 1 Billion (1,000,000,000) YB. The tokenomics prioritize the community, with the largest allocation (typically 30%) reserved for Liquidity Incentives to ensure deep, sustainable pool liquidity and drive adoption.

• What is the long-term vision for the YieldBasis token in the DeFi ecosystem?

  The long-term vision is for the YieldBasis token to be the cornerstone of a leading decentralized finance platform for sophisticated yield strategies. We aim to build a comprehensive ecosystem where the token is essential for governance, staking, and accessing a wide range of advanced, capital-efficient financial products, solidifying its role in the future of Web3 finance.

• What are the main risks associated with holding the YieldBasis token?

  Like any DeFi and governance token, it carries risks. These include the volatility of the broader crypto market, regulatory uncertainty, and the performance risks of the underlying protocol. If usage of the YieldBasis protocol declines, the demand for the token and its yield could be affected. Always conduct thorough due diligence.

• Where can I buy the YieldBasis token and which wallets support it?

  The YieldBasis token is available on selected centralized (CEX) and decentralized (DEX) exchanges, like Toobit. For a current list of supported trading venues, please refer to our official website and social media channels. You can store your tokens in any Ethereum-compatible wallet (like MetaMask, Ledger, or Trezor) where you control your private keys.

• Is the YieldBasis protocol secure and have the contracts been audited?

  Security is our highest priority. The core smart contracts for both the leveraged liquidity protocol and the token itself have undergone rigorous, professional audits by leading third-party blockchain security firms. The audit reports are publicly available, and we maintain a bug bounty program to encourage ongoing community scrutiny, ensuring a secure DeFi experience.

• How does the token capture value from the YieldBasis protocol?

  The token captures value through a carefully designed tokenomics model. A portion of the revenue generated by the protocol—from fees on leveraged positions, liquidations, and other services—is used to buy back and burn tokens or distribute them to stakers. This creates a direct link between the protocol's usage and the token's value, rewarding long-term holders.