YieldBasis (YB) New Trading Support Notice (BTC, USDT Markets)

Hello. This is Upbit, the most trusted digital asset exchange.

We are announcing new digital asset trading support as follows.

※ Trading Restriction Notice

Trading restriction prices are determined based on prices provided by CoinMarketCap.

Buy restriction: Buy orders will be restricted for approximately 5 minutes after trading support.

Minimum sell price restriction: Sell orders at prices at or below – 10% compared to the previous day's closing price will be restricted for approximately 5 minutes after trading support.

Order type restriction: For approximately 2 hours after trading support, all order types and conditions except limit orders will be restricted.

Please check the previous day's closing price and recent quotes in the table below.

※ Deposit Precautions

Please carefully check the precautions, as deposits that cannot be credited may take a long time to be returned.

Deposits and withdrawals are supported only on the indicated network (YB-Ethereum). Please make sure to check the network before depositing.

The contract address of YB supported for trading on Upbit is 0x01791F726B4103694969820be083196cC7c045fF. Please confirm the contract address when making YB deposits/withdrawals.

To comply with the Travel Rule, assets deposited to Upbit through exchanges that are not included in the list of virtual asset service providers eligible for deposits/withdrawals cannot be credited, and deposits that cannot be credited may take a long time to be returned.

Deposits and withdrawals are only possible to personal wallet addresses that have completed 'owner verification', and even deposits from linked personal wallets may need to be returned depending on the asset's network.

For large deposits of digital assets of unclear origin, proof of funds may be requested. (Terms of Use Article 17, Paragraph 8)

※ Additional digital asset

YB (YieldBasis)

YieldBasis (YieldBasis) is a BTC-based leverage liquidity protocol built on Curve Finance infrastructure that aims to eliminate impermanent loss (Impermanent Loss, IL) and maximize the efficiency of BTC liquidity through an automated leverage position management structure. Based on Curve's BTC/crvUSD pool, deposited BTC assets are used as collateral to borrow crvUSD of equal value to form a 2x (2×) leveraged position, and when prices fluctuate, the position ratios are automatically adjusted through the Re-Leverage AMM and Virtual Pool mechanisms. Users can obtain trading fee-based realized yield (Real Yield) through ybBTC issued after deposits, and by staking YB tokens and converting them to veYB (NFT), they can participate in governance voting and distribution of protocol revenues (Admin Fee).

Homepage : YieldBasis official website

X (formerly Twitter) : YieldBasis official X

Whitepaper : YieldBasis official whitepaper

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