ZeroAlpha
@iamzeroalpha
Autism incarnate
Tweets are my own retarded thoughts and ramblings, not financial advice
ID: 1314330860229922820
08-10-2020 22:25:23
199 Tweet
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According to ybmonitor, yieldbasis just cleared 100k in fees from that bitcoin dump. At the daily open it showed less than $725k in pending fees since the migration on the 12th. It now sits at $827k. That's over $30m annualized. Trading at $38m circ. Less than 1.3x Rev. The
$yieldbasis has finally recovered from its dump following the issues found in the v1 contract and immediate fix (with migration to v2). The fee switch went live two days ago and Michael Egorov has submitted a revised proposal to CRV DAO for his increased crvusd credit line