DeFi veterans take stock of new projects: Curve founder builds BTC pool, AC wants to build an all-round exchange

Author: Ash

Compilation: Deep Tide Founder of TechFlow

@CurveFinance@newmichwill is launching @yieldbasis,

A Bitcoin AMM liquidity platform with no impermanent loss (IL, impermanent loss, refers to the losses you may suffer when you provide funds to AMMs as a liquidity provider compared to simply holding these tokens);

At the same time, @AndreCronjeTech, the founder of @yearnfi and the god of DeFi, is building @flyingtulip_, a unified AMM + CLOB (Deep Tide Note: Automated Market Maker + Central Limit Order Book, AMM provides continuous liquidity and automated pricing, and CLOB provides more precise price discovery and order execution on the exchange).

Two different attempts to solve the same problem - how to make on-chain liquidity really work:

Yield Basis ($YB): A Curve-native AMM that eliminates impermanent loss for BTC liquidity providers by holding a constant 2x leveraged...

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