Kraken and Legion will collaborate to conduct the public sale of Yield Basis, as the inaugural project of Kraken Launch

BlockBeats News, September 23rd, Kraken's open issuance platform Kraken Launch will launch its first token issuance project featuring Yield Basis (YB), a Bitcoin yield protocol created by Curve founder Michael Egorov. This token issuance is a collaboration between Kraken and the on-chain fundraising platform Legion.

The issuance plan will be rolled out in two phases: the first phase will allocate 20% of the sales to users holding a Legion Score on legion.cc; the second phase will open the remaining token sale on Kraken and Legion on a first-come, first-served basis.