Curve's ecosystem yield protocol, Yield Basis, announced an upgrade to its permissionless proprietary automated market maker (propAMM) solution. By introducing the Pyth real-time price oracle and a dynamic fee mechanism, the upgrade aims to reduce losses for liquidity providers (LPs) caused by arbitrage trading. Furthermore, the upgrade will address the issue of traders bypassing normal fees and extracting value from liquidity pools by simultaneously depositing and withdrawing liquidity. The new mechanism is planned to be first implemented in the WETH pool, subsequently expanding to cbBTC, WBTC, and tBTC pools. The upgrade is still subject to governance approval and deployment. https://www.(wublock123.com)/news/curve-yield-basis-propammmm-pyth-oracle-reduce-lp-loss-70905