According to @Tetranode, Arkham’s new thread explains the mechanics of Yield Basis (YB), a mechanism proposed by Curve Finance founder Michael Egorov to address impermanent loss for DeFi liquidity providers. Source: https://twitter.com/Tetranode/status/2007631819672580455; Source: https://x.com/arkham/status/1996678576108605624 Arkham characterizes YB as a prospective solution to impermanent loss and defines impermanent loss as the temporary value drop LPs face from price volatility that can cause missed upside, highlighting its relevance to AMM-based LP returns. Source: https://x.com/arkham/status/1996678576108605624 For traders, the coverage spotlights Curve Finance (CRV) and DeFi LP yield strategies where impermanent loss risk is material, suggesting elevated attention to CRV, Curve TVL, and LP performance metrics as YB details circulate. Source: https://twitter.com/Tetranode/status/2007631819672580455; Source: https://x.com/arkham/status/1996678576108605624