Curve Finance Founder Michael Egorov Launches Bitcoin Yield Protocol

Michael Egorov, founder of Curve Finance, has launched Yield Basis, a decentralized protocol built to provide sustainable BTC$109,550.00 yield while eliminating impermanent loss (IL), one of decentralized finance’s longest-running challenges. Bitcoin holders have long faced limited opportunities for on-chain returns. Lending markets rarely offer more than a fraction of a percent, while automated market maker…

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    Grvt Raises $19M to Bring Privacy and Scale to Onchain Finance

    Grvt (pronounced “gravity”), a decentralized exchange (DEX) focused on privacy in on-chain finance, has raised $19 million in Series A funding. The round was co-led by ZKsync, its foundational technology partner, along with Further Ventures, EigenCloud (formerly EigenLayer) and 500 Global, the company announced via email on Thursday. Built on the ZKsync Validium L2, Grvt…

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