Kraken and Legion ready Yield Basis for ‘Launch’
Kraken is set to christen its new public-offering venue, Kraken Launch, with Yield Basis (YB), the protocol from Curve founder Michael Egorov that targets BTC-native, fee-driven yield while neutralizing AMM curvature risk. The sale will run in partnership with Legion, whose reputation-based access system has been used for prior token launches. The offering is slated to roll out in two phases: Phase 1 allocates up to 20% of the sale to users with a Legion Score on legion.cc; Phase 2 opens remaining tokens simultaneously on Kraken and Legion on a first-come, first-served basis. Legion says allocations are informed by verified…






