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

BTC

BTC/USDT

$63,135.14

-1.30%

$63,135.14

-1.30%

(24s)

24h Volume

$15,187,112,819.42

24h H/L

$64,896.00 / $62,666.00

Change: $2,230.00 (3.56%)

Long/Short

66.1%

Long: 66.1%Short: 33.9%

Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,136.24

▼ -1.09%

Volume (24h): -

Resistance Levels

Resistance 3$66,989.24

Resistance 2$64,932.17

Resistance 1$63,753.05

Price$63,136.24

Support 1$62,909.86

Support 2$61,555.12

Support 3$57,800.19

Pivot (PP):$64,192.15

Trend:Downtrend

RSI (14):48.5

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.

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