Michael Egorov

Michael Egorov, the founder of Curve and creator of Yield Basis, joins the discussion to tackle the notorious impermanent loss in DeFi. He unveils his innovative approach to leverage liquidity tokens for real Bitcoin yield, without the usual risks. The conversation delves into the complex landscape of decentralized finance, addressing the challenges of liquidity and governance mechanisms. Egorov also explores user preferences for yield options and the relationship between Bitcoin's stability and yield generation. A must-listen for crypto enthusiasts!

Michael Egorov, co-founder of Curve Finance and a DeFi pioneer, discusses his innovative Yield Basis protocol aimed at tackling impermanent loss in liquidity provision. He explains how this solution could create sustainable yields for Bitcoin without the risks of traditional AMM strategies. The conversation covers market dynamics, alternative tokenomics, and the expansive potential of Yield Basis across cryptocurrencies. Michael emphasizes the ability to achieve substantial APR on Bitcoin while navigating the challenges of decentralized finance.

In this engaging discussion, Michael Egorov, co-founder of Curve and founder of Yield Basis, delves into innovative approaches to unlock Bitcoin's yield. He shares insights on the significant demand for Yield Basis, addressing impermanent loss in DeFi, and the surge in Curve USD's potential adoption. Michael explains modified ve-tokenomics that differentiate real yield from token rewards, and highlights the symbiotic relationship between Yield Basis and stablecoin growth. Get ready to explore the future of crypto liquidity!