How To Earn Real Bitcoin Yield Without Impermanent Loss with Michael Egorov
The Rollup3 Maj 2025

How To Earn Real Bitcoin Yield Without Impermanent Loss with Michael Egorov

Impermanent loss: crypto's most misnamed problem that has permanently damaged countless liquidity provider portfolios.

In today's episode, Curve founder Michael Egorov reveals his new project, Yield Basis, aimed at eliminating DeFi's persistent impermanent loss problem.

Michael takes us through how his approach uses constant leverage on liquidity tokens to produce Bitcoin yield, without the usual LP risks. His model gives users a choice: earn real yield or governance tokens, with the potential to unlock a more sustainable Bitcoin yield.

Let's get into it.


Join The Rollup Edge: https://members.therollup.co

Website: https://therollup.co/

Spotify: https://open.spotify.com/show/1P6ZeYd..

Podcast: https://therollup.co/category/podcast

Follow us on X: https://www.x.com/therollupco

Follow Rob on X: https://www.x.com/robbie_rollup

Follow Andy on X: https://www.x.com/ayyyeandy

Join our TG group: https://t.me/+8ARkR_YZixE5YjBh

The Rollup Disclosures: https://therollup.co/the-rollup-discl


𝗗𝗜𝗦𝗖𝗟𝗔𝗜𝗠𝗘𝗥: 𝘐𝘯𝘷𝘦𝘴𝘵𝘪𝘯𝘨 𝘪𝘯 𝘤𝘳𝘺𝘱𝘵𝘰𝘤𝘶𝘳𝘳𝘦𝘯𝘤𝘺 𝘢𝘯𝘥 𝘋𝘦𝘍𝘪 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮𝘴 𝘤𝘰𝘮𝘦𝘴 𝘸𝘪𝘵𝘩 𝘪𝘯𝘩𝘦𝘳𝘦𝘯𝘵 𝘳𝘪𝘴𝘬𝘴 𝘪𝘯𝘤𝘭𝘶𝘥𝘪𝘯𝘨 𝘵𝘦𝘤𝘩𝘯𝘪𝘤𝘢𝘭 𝘳𝘪𝘴𝘬, 𝘩𝘶𝘮𝘢𝘯 𝘦𝘳𝘳𝘰𝘳, 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮 𝘧𝘢𝘪𝘭𝘶𝘳𝘦 𝘢𝘯𝘥 𝘮𝘰𝘳𝘦. 𝘈𝘵 𝘤𝘦𝘳𝘵𝘢𝘪𝘯 𝘱𝘰𝘪𝘯𝘵𝘴 𝘵𝘩𝘳𝘰𝘶𝘨𝘩𝘰𝘶𝘵 𝘵𝘩𝘪𝘴 𝘤𝘩𝘢𝘯𝘯𝘦𝘭, 𝘸𝘦 𝘮𝘢𝘺 𝘦𝘢𝘳𝘯 𝘢 𝘤𝘰𝘮𝘮𝘪𝘴𝘴𝘪𝘰𝘯 𝘰𝘳 𝘧𝘦𝘦 𝘢𝘴 𝘢 𝘴𝘱𝘰𝘯𝘴𝘰𝘳𝘴𝘩𝘪𝘱, 𝘪𝘧 𝘵𝘩𝘪𝘴 𝘪𝘴 𝘵𝘩𝘦 𝘤𝘢𝘴𝘦 𝘸𝘦 𝘸𝘪𝘭𝘭 𝘢𝘭𝘸𝘢𝘺𝘴 𝘮𝘢𝘬𝘦 𝘴𝘶𝘳𝘦 𝘪𝘵 𝘪𝘴 𝘤𝘭𝘦𝘢𝘳. 𝘞𝘦 𝘢𝘳𝘦 𝘴𝘵𝘳𝘪𝘤𝘵𝘭𝘺 𝘢𝘯 𝘦𝘥𝘶𝘤𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘱𝘭𝘢𝘵𝘧𝘰𝘳𝘮, 𝘯𝘰𝘵𝘩𝘪𝘯𝘨 𝘸𝘦 𝘰𝘧𝘧𝘦𝘳 𝘪𝘴 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘢𝘥𝘷𝘪𝘤𝘦. 𝘞𝘦 𝘢𝘳𝘦 𝘯𝘰𝘵 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘪𝘰𝘯𝘢𝘭𝘴 𝘰𝘳 𝘭𝘪𝘤𝘦𝘯𝘴𝘦𝘥 𝘢𝘥𝘷𝘪𝘴𝘰𝘳𝘴.

Avsnitt(590)

The Modern Day Oracle with Marcin Kazmierczak and Jakub Wojciechowski

The Modern Day Oracle with Marcin Kazmierczak and Jakub Wojciechowski

Oracles are the center of DeFi. They're not just important, they're *vital*. But with the rise of high-performance blockchains, oracles are having to rethink their entire game plan.In today's episode,...

9 Apr 202555min

How To Position For The Institutional Crypto Frenzy with Arthur Hayes, Guy Young, and Omer Goldberg

How To Position For The Institutional Crypto Frenzy with Arthur Hayes, Guy Young, and Omer Goldberg

The competition for stablecoin market share is more complex than most realize, especially as institutional adoption heats up.In today's episode, we’re breaking down the nuances of this battle with Guy...

4 Apr 20251h 5min

What Happens When You Ditch Global Consensus? With Shresth Agrawal

What Happens When You Ditch Global Consensus? With Shresth Agrawal

Consensus is slow by design.In crypto, we’ve accepted the tradeoff: robustness at the cost of speed. Whether it’s proof-of-work or proof-of-stake, every node reprocesses every transaction, every time....

2 Apr 202527min

Uniswap, Ekubo, and the Rise Of Innovative DEX Designs

Uniswap, Ekubo, and the Rise Of Innovative DEX Designs

What if DEXs could do more?Ekubo thinks they can. Their approach? Dedefining efficiency from the ground up, from memory architecture to fee mechanics, decreasing gas costs while unlocking features lik...

1 Apr 202544min

Can Solana Replace NASDAQ? With Max Resnick and Logan Jastremski

Can Solana Replace NASDAQ? With Max Resnick and Logan Jastremski

What kind of infrastructure do we actually need to support real, global trading onchain?In today's episode, we dig into the debate between high-throughput blockchains and modular approaches with Logan...

31 Mars 20251h 9min

Ram Kumar on AGI, Specialized Intelligence, and Agent Infrastructure

Ram Kumar on AGI, Specialized Intelligence, and Agent Infrastructure

Now that the Crypto AI peak of inflated expectations has passed, what’s actually built to last?In today's episode, we are looking at the real infrastructure needed for long-term AI projects.We sit dow...

28 Mars 202523min

Are Stablecoins & RWAs Crypto’s Main Use Case? with Chris Yin

Are Stablecoins & RWAs Crypto’s Main Use Case? with Chris Yin

Crypto has always been a game of extremes. On one end, a memecoins casino and speculative madness; on the other, an attempt to build something more sustainable.In today's episode, we sit down with Chr...

27 Mars 202529min

Is Crypto's Biggest Payment Problem Already Solved? With Paul Faecks

Is Crypto's Biggest Payment Problem Already Solved? With Paul Faecks

While everyone's attention has been focused the current market volatility, stablecoins have been thriving.In today's episode, we take a look at Plasma and uncover what their team has been working on f...

25 Mars 202537min

Populärt inom Teknik

uppgang-och-fall
market-makers
elbilsveckan
rss-elektrikerpodden
bilar-med-sladd
natets-morka-sida
skogsforum-podcast
rss-laddstationen-med-elbilen-i-sverige
rss-technokratin
gubbar-som-tjotar-om-bilar
rss-veckans-ai
har-vi-akt-till-mars-an
developers-mer-an-bara-kod
rss-uppgang-och-fall
rss-it-sakerhetspodden
musikprodd-podden
ai-sweden-podcast
bosse-bildoktorn-och-hasse-p
rss-fabriken-2
rss-professorn-galningen-ai-helt-enkelt