
NingNing|Sep 24, 2025 09:36
I don’t get it.
Why did Kraken IEO not choose a PerpDEX project
or an AI Agent project,
but went with this YieldBasis instead?
To put it bluntly,
this project is just using a flash loan mechanism
to achieve a 2x BTC liquidity pool LP on Curve,
and then adding an auto LP rebalancing feature with VeToken mechanics on top.
At best, it’s just a simplified and inferior spin-off of Curve.
No desire to participate at all.
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