DeFi· ★★· neutral·

Yield Basis Discloses Fee-Bypass Route, Proposes WETH Fix

  • —Proposed policy adds a debt-ratio check for deposits
  • —Swap fees are linked to the Pyth oracle
  • —Voting on the proposal ends Oct. 29
Why it matters: The fix closes a fee-bypass loophole and could change the economics of deposits in the protocol.
#WETH
Source: The Defiant
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