Introducing Yield Basis (YB) on Binance
What is Yield Basis (YB)?
Yield Basis (YB) is a new DeFi protocol featured on Binance’s HODLer Airdrops platform. It aims to provide sustainable yield for liquidity providers while reducing impermanent loss through innovative leverage mechanisms. This is an exciting opportunity for crypto enthusiasts and investors to acquire YB tokens simply by engaging with Binance’s earn features.
Key Features of YB
- Total Supply: 700,000,000 YB at genesis, with a maximum of 1,000,000,000 YB.
- Airdrop Rewards: 10,000,000 YB distributed for airdrops.
- Circulating Supply: 87,916,667 YB (~12.56% of total supply) upon listing.
- Smart Contract Networks: Available on both the BNB Smart Chain and Ethereum.
Important Dates and Details
- Airdrop Period: Users subscribed to BNB in Simple Earn from October 9 to October 11, 2025 will be eligible for the YB airdrop.
- Distribution of Airdrop: Tokens will be credited to user Spot Accounts within 24 hours post announcement.
- Listing Date: YB will be available for trading starting October 15, 2025, at 11:00 UTC.
- Trading Pairs: USDT, USDC, BNB, FDUSD, and TRY.
How to Qualify for HODLer Airdrops
- Subscribe to Simple Earn: Invest your BNB in either Flexible or Locked Simple Earn products.
- Check Your Eligibility: Historical snapshots of BNB balances will determine eligibility.
- Referral Rewards: HODLer Airdrops reward users automatically without ongoing maintenance, making it a hassle-free option.
Token Economics
| Feature | Details |
|—————————————–|——————————————–|
| Max Token Supply | 1,000,000,000 YB |
| HODLer Airdrops Token Rewards | 10,000,000 YB (1.00% of max supply) |
| Circulating Supply on Listing | 87,916,667 YB |
| Networks Supported | BNB Smart Chain, Ethereum |
Why Invest in YB?
Investing in YB offers a unique opportunity to earn yield while participating in a new DeFi protocol. Potential benefits include:
- Yield Accrual: Liquidity providers can earn additional yield.
- Lower Risk of Impermanent Loss: The leveraged structure provides a mechanism to mitigate risks commonly associated with DeFi protocols.
Community and Support
Stay informed and connect with the Yield Basis community for ongoing updates and discussions about YB:
Conclusion
Yield Basis (YB) presents a promising chance for the Binance community to benefit from crypto in a user-friendly manner. Make sure to subscribe your BNB and participate in the airdrop to earn your share of YB tokens!
Disclaimer: Always conduct your own research and risk assessment before investing in any cryptocurrency. Tokens may be subject to volatility, and past performance is not indicative of future results.