Curve founder's new project launches profit-sharing model, early users can claim $1.6 million in BTC

2025-12-06 01:30:17

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[BlockBeats] Curve founder Michael Egorov’s new project, Yield Basis, just made a big move—the fee switch has finally been turned on. What does this mean? Simply put, the protocol has started distributing profits to token holders.

The numbers are pretty attractive: early users can claim more than 17 BTC, which is about $1.6 million at current prices. But you have to act fast—there’s only a four-week window to claim. These rewards have been accumulating since the protocol launched in September.

The whole thing went through the proper procedures—a proposal was voted on in the community just two days ago, and token holders approved it unanimously. It seems everyone really supports this dividend mechanism. After all, there aren’t many protocols these days that actually give real returns to token holders. Yield Basis has set another example for sustainability in DeFi protocols.

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RektButStillHere

· 6h ago

Only $1.6 million? Those who got in early should have already made back their investment, right? Starting dividends only now seems a bit late.

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YieldHunter

· 7h ago

$1.6 million looks tempting, but technically speaking... the four-week window just feels a bit rushed, ngl. Need to see how the yield correlates with the actual TVL before making a call.

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SurvivorshipBias