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

BTC

BTC/USDT

$63,647.21

-0.26%

$63,647.21

-0.26%

(24s)

24h Volume

$12,132,057,862.09

24h H/L

$64,500.00 / $63,310.34

Change: $1,189.66 (1.88%)

Long/Short

65.6%

Long: 65.6%Short: 34.4%

Funding Rate

+0.0046%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,550.01

▲ 0.11%

Volume (24h): -

Resistance Levels

Resistance 3$66,673.52

Resistance 2$65,608.38

Resistance 1$64,147.24

Price$63,550.01

Support 1$63,405.22

Support 2$62,235.69

Support 3$61,289.60

Pivot (PP):$63,763.44

Trend:Sideways

RSI (14):46.1

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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