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YieldBasis: Launching a fee conversion mechanism that allocates over $1.5 million in fees collected to veYB holders.
Odaily News YieldBasis announced on the X platform that a fee conversion mechanism has been launched, and the 17.13 BTC (approximately 1.578 million USD) in fees collected will be distributed to veYB holders. In addition, the introduction of the fee conversion mechanism will create synergies for YieldBasis DAO, Curve DAO, and crvUSD.