Yield Basis Proposes WETH Fix After Disclosing Fee Bypass
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Yield Basis has proposed a WETH fix involving deposit debt-ratio checks and Pyth-linked swap fees, with voting scheduled to close Oct. 29.
Yield Basis has disclosed a route for bypassing fees and proposed a WETH-related fix, according to The Defiant.
The proposed policy would introduce a debt-ratio check on deposits alongside swap fees linked to Pyth.
Voting on the proposal is scheduled to conclude Oct. 29. The reported changes remain subject to that vote.
Source: The Defiant
