Yield Basis (YB) Token Launch May Draw Binance, Kraken Liquidity as Legion Expands Compliant Fundraising

• Launch timing — Oct 15, 2025: distribution 10:00 UTC; spot trading 11:00 UTC

• Legion uses a merit-based “Legion Score” presale granting priority access to high-scoring participants.

• Kraken integration targets retail scale: Kraken reports ~15 million users; institutional interest is rising.

Yield Basis token launches Oct 15, 2025 with distribution at 10:00 UTC and spot trading at 11:00 UTC on Binance and Kraken — follow COINOTAG for live updates.

Trading for Yield Basis (YB) begins on Binance and Kraken as Legion expands its compliant fundraising reach through recent partnerships.

Publication: COINOTAG — Published October 15, 2025 • Updated: October 15, 2025

What is the Yield Basis token?

Yield Basis token (YB) is a utility and governance token for a decentralized yield-management protocol developed by Michael Egorov, co‑founder of Curve Finance. The protocol focuses on BTC‑backed yield strategies, on‑chain credit aggregation, leveraged positions, and automated rebalancing to create sustainable yield opportunities.

How does Legion’s presale “Legion Score” work?

Legion’s merit‑based presale prioritizes participants based on an on‑chain activity score called the Legion Score, which factors wallet activity, social contributions, GitHub commits, and other community signals. High Legion Scores grant priority access to up to ~20% of the YB allocation. The approach aims to reward sustained community participation rather than pure capital size, aligning allocation with long‑term contributors.

The Yield Basis token launch schedule is operationally clear: token distribution begins at 10:00 UTC on October 15, 2025, followed by spot trading at 11:00 UTC across major centralized exchanges, including Binance and Kraken, as well as decentralized venues. Project materials and the official announcement list these times as the coordinated go‑live plan.

The YB launch builds momentum from Legion’s collaboration with Kraken, which integrates Legion’s fundraising infrastructure with Kraken’s Launch platform and its ~15 million users. The integration is presented by project teams as a step toward more structured, compliant on‑chain fundraising that aims to balance accessibility with regulatory rigor. Binance is listed among the spot trading venues to ensure liquidity depth at market open.

Developed by Michael Egorov, the Yield Basis protocol combines credit aggregation, BTC collateralization, leveraged exposure, and automated rebalancing. According to the project announcement, the protocol’s risk controls include on‑chain collateral checks, automated deleveraging triggers, and governance parameters that can be adjusted by token holders.

Frequently Asked Questions

When and where will Yield Basis (YB) be tradable?

YB tokens are scheduled for distribution at 10:00 UTC and spot trading at 11:00 UTC on October 15, 2025. Spot venues named in the project announcement include Binance and Kraken, alongside decentralized platforms that will list liquidity pools after the initial distribution.

How can retail investors access the Legion presale or secondary market?

Retail participants can access the secondary market once spot trading commences on the listed exchanges. Presale access was determined by Legion Score qualification; details on future allocations or open sale mechanisms will come from official Legion and Yield Basis communications. Always confirm wallet and custody arrangements before participating.

Key Takeaways

• Timed launch: Distribution at 10:00 UTC, trading at 11:00 UTC, October 15, 2025.
• Merit-based allocation: Legion Score prioritizes active contributors for up to ~20% of the presale.
• Institutional integration: Kraken partnership and Binance listings aim to provide broad access and liquidity; monitor official exchange notices for deposits and trading pair details.

Conclusion

The Yield Basis token launch on October 15, 2025 represents a significant test of compliant, large‑scale token fundraising that bridges on‑chain protocols and centralized exchange distribution. With Legion’s merit‑based presale model and integrations with Kraken and Binance, the event will be watched for indications of institutional appetite and the scalability of regulated token offerings. For ongoing coverage and post‑launch analysis, follow COINOTAG updates and official project communications.

Sources: Project announcement from Yield Basis and Legion; public statements by Michael Egorov; exchange listings announced by Binance and Kraken (plain text references, no external links).

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