[YieldBasis: Launches Fee Conversion Mechanism, Allocates Over $1.5 Million in Fees to veYB Holders] Odaily Planet Daily News - YieldBasis announced on platform X that it has launched a fee conversion mechanism, allocating the collected 17.13 BTC (approximately $1.578 million) in fees to veYB holders. Additionally, the introduction of the fee conversion mechanism enables YieldBasis to create synergies with YieldBasis DAO, Curve DAO, and crvUSD.