The latest AMM innovation tackles impermanent loss head-on. Michael Egorov's design leverages 2x amplified positions through crvusd, achieving rock-solid 1:1 price tracking on BTC/ETH pairs—a meaningful step for liquidity providers tired of traditional slippage.



The numbers tell the story. Protocol launched with $130m TVL and immediately distributed $1.6m in fees to veYB holders when fee switches flipped. Not bad for day one. Meanwhile, Apollo Capital scooped up 149.7k tokens during the recent 34% pullback, signaling institutional confidence amid volatility.

This blend of technical elegance and real fee generation suggests the protocol's tackling a genuine pain point.
BTC0.38%
ETH0.47%
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SignatureDeniedvip
· 4h ago
ngl This time, Egorov's work actually has some substance; finally, someone is taking the IL issue seriously.
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GateUser-9ad11037vip
· 11h ago
Hmm... impermanent loss is really annoying. This time, being able to track BTC/ETH 1:1 is indeed a bit of a breakthrough.
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ETHmaxi_NoFiltervip
· 11h ago
Damn, Egorov is at it again. This time, he finally cracked the tough problem of impermanent loss.
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SchroedingerMinervip
· 12h ago
NGL, this design is indeed awesome. Finally, someone is taking seriously to address impermanent loss.
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MEVHunterLuckyvip
· 12h ago
Damn, this fee distribution is only 1.6 million in a day? The fact that institutions are accumulating 149.7k tokens—what does that say? We need to keep up!
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SudoRm-RfWallet/vip
· 12h ago
What new tricks is Egorov up to this time? Amplified positions sound good, but how do they actually perform when used... I've heard too many promises of 1:1 tracking, but the key is how well it runs. Day one’s $1.6 million in expenses is quite aggressive, but how long this burning method can last is uncertain. Apollo Capital bought the dip with 149.7k tokens—these institutions really dare to gamble. Impermanent loss has only solved half the problem; what about slippage? That’s the real pain point.
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