Bitcoin to Token Holders: Yield Basis Activates Fee Switch, Allocates 17 BTC With Four-Week Claim Window

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

Yield Basis, developed by Curve Finance founder Michael Egorov, activated its fee switch on Thursday, steering protocol revenue toward token holders and signaling a shift in governance-driven monetization within the ecosystem.

A segment of users now has four weeks to claim more than 17 BTC accrued since the September launch. Based on Friday’s price, that stack was near $1.6 million, underscoring the wallet-to-holder incentive of the model.

The on-chain vote to enable the fee switch was carried with unanimous support from Yield Basis token holders on Wednesday, reflecting broad consensus on revenue-sharing mechanics for the protocol.

Share News:

Other Breaking News

BREAKING

February 7, 2026 at 07:33:16 AM UTC

GARRETT JIN DEPOSITED 5,000 BTC ($351M) INTO BINANCE.

BREAKING

February 6, 2026 at 09:02:52 PM UTC

$UP added to Coinbase roadmap.

BREAKING

February 6, 2026 at 03:28:45 PM UTC

BITCOIN ROSE BY APPROXIMATELY 15% OVER THE PAST 15 HOURS, MOVING FROM $60,000 TO ABOVE $68,000.

BREAKING