Yield Basis, a protocol developed by Curve Finance founder Michael Egorov, activated its fee switch on Thursday, becoming the latest crypto protocol to direct revenue to tokenholders. Certain Yield Basis users have four weeks to claim more than 17 Bitcoin accumulated since the protocol’s launch in September. That Bitcoin was worth almost $1.6 million on Friday. The proposal to activate the fee switch was approved unanimously on Wednesday by Yield Basis tokenholders. Protocol developers often launch toke ...