Yield basis to migrate to enhanced pool contract to resolve fee allocation issues

Reported on November 10th, Yield Basis acknowledged a decline in the value of Bitcoin assets for staked liquidity providers due to market volatility. An improved liquidity pool solution is being implemented to enhance stability.

Users will receive proportionate compensation to address discrepancies without a claim requirement. The migration period will be announced 48 hours in advance, with a dedicated migration contract available for LPs during this phase.

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