Yieldbasis paper proposes eliminating impermanent loss (IL) for AMMs using leveraged liquidity & continuous rebalancing. Method aims to align AMM position with spot price. Sim for BTC/USD shows ~20% avg APR over 6 yrs w/ price exposure similar to holding BTC. May apply to other assets.

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to leveraged loss aims price AMMs for liquidity using to BTC. May exposure Yieldbasis rebalancing. holding apply Method #blockchain other over avg similar impermanent paper Sim eliminating price. BTC/USD 6 align APR spot for shows assets.

#crypto with yrs AMM w/ ~20% #Bitcoin continuous position #BTC proposes (IL) to & #news