YieldBasis puts propAMM on BTC markets up for veYB and veCRV vote

Curve Finance retweeted YieldBasis's announcement that propAMM — its proposed AMM design for BTC markets — is now up for a governance vote. Both veYB (YieldBasis's vote-escrowed token) and veCRV (Curve) holders are being asked to vote on the proposal.

• YieldBasis uses original AMM design to provide liquidity without impermanent loss, pairing deposited BTC with borrowed crvUSD in leveraged positions
• The BTC-market propAMM vote follows growing attention to YieldBasis's yield capture in its BTC and ETH pools
• Curve's involvement means the outcome may affect CRV gauge/incentive alignment for the market, though Curve itself shared no additional details beyond the retweet