WSBDApp, the blockchain-based trading platform connected to the iconic WallStreetBets grassroots movement, today announced the launch of exchange-traded portfolios (ETPs) on Balancer V2. These decentralized portfolios align with both companies’ deep-seated belief in the retail investor and aim to scale decentralized finance (DeFi) by hedging against inflation with a community-selected basket of fiat-linked crypto stablecoins, tokenized commodities, and crypto native assets.
With portfolio compilation determined, voted upon, and rebalanced by the WSBDApp community, WSB’s initiative hopes to further expand the possibilities of DeFi and increase crypto exposure to crypto-native and traditional investors alike. As innovation pushes forward in DeFi, an…
Balancer Protocol has launched support on the Layer 2 scaling solution Arbitrum to significantly reduce gas costs and scale liquidity. Within Ethereum’s layer-2 ecosystem, Arbitrum has established itself as a critical player, gaining adoption from other major DeFi projects after their launch announcement in June. Balancer Protocol joins Arbitrum on the day of their launch as users are now able to trade on the Balancer app using Arbitrum.
Balancer is thrilled to announce the launch of MetaStable Pools and our partnership with Lido with joint pool incentives. While Stable Pools are important for tokens with a 1:1 value, MetaStable Pools are great for tokens with highly correlated, but not hard-pegged, prices. Because of this, MetaStable Pools are especially well suited to handle pegged tokens that gradually accumulate fees.
One of the most powerful use cases for MetaStable Pools is “nesting” other pools by holding their Balancer Pool Tokens (BPTs), thereby facilitating cheap swaps between their constituent tokens and those of the nested pool — as though all the…
We are thrilled to announce the launch of stable pools on Balancer V2. Following the recent launch of Element.fi pools, stable pools make Balancer Protocol the first Automated Market Maker with at least three different types of pools: weighted, Element, and now stable pools. This highly anticipated launch takes full advantage of the Vault architecture of Balancer V2 through the use of batch swaps and internal balances.
Stable pools provide many benefits for traders and Liquidity Providers. These pools are designed specifically for assets that trade at a similar price which vastly increases capital efficiency for like-kind swaps. …
Balancer Protocol has launched support on the Layer 2 solution Polygon to reduce gas costs. Polygon (MATIC) has seen strong user adoption this year with major DeFi projects like Aave, SushiSwap, and Curve deploying there. The time has come for Balancer to join the party.
With near-zero fees to make a trade, unique experimentation for pools becomes possible. When gas fees are high, it can be cost-prohibitive to create, join, or exit pools. Furthermore, aggregating liquidity across several uniquely composed pools is impractical due to the extra gas required for each included pool. …
We are thrilled to announce that Balancer Labs has further partnered with some of the most respected investors in the cryptocurrency space who have shown their support of Balancer Protocol by extending $24.25M of capital to Balancer Labs.
This new round of investors joins the likes of Alameda Capital and Pantera Capital, among others, to purchase BAL tokens directly from the Balancer Labs treasury. Along with the $3M Balancer Labs raised in March of 2020, we have significantly increased the runway to ensure our primary mission of Balancer Protocol becoming the leading source of liquidity in DeFi is realized.
The new Balancer UI for V2 was launched on May 11th and has already received compliments from DeFi experts and new users alike.
Today we would like to introduce our very simple, two-step migration tool for any liquidity providers who want to move their liquidity from Balancer V1 to V2.
First, head over to the dashboard on the V1 pool management UI:
On your dashboard, any liquidity you have that can automatically be migrated to V2 will have a purple button labeled "V2 Migrate" on the far right:
After more than a year of development, Balancer Labs is thrilled to announce that Balancer V2 is now live and accessible with a new user interface.
For those who missed it, Balancer V2 offers a generalized protocol for AMMs. A full recap of Balancer V2 can be found here:
At a high level here is what you need to know about today’s launch (more detail is shared in the sub-sections below):
With the launch of Balancer V2, Balancer Labs brings programmable liquidity to a new level by switching to a single vault architecture on top of which any arbitrary, customized AMM logic can be built. To enable any project to leverage the full power of Balancer Pools, Balancer Labs is excited to partner with TE Academy for open crypto-economic research: Balancer Simulations.
Over a runtime of three months, Balancer Simulations will gather DeFi researchers to work on challenges like Dynamically Adjusting Pools, Efficient Liquidity Mining, LP Risk Management, and AMM-based complex financial products. In a rigorous engineering process, they’ll explore and…
The Balancer-Gnosis-Protocol (BGP) alliance combines the best of both protocols, with Balancer V2’s flexible liquidity pools enabled by a single-vault architecture and asset managers, in combination with Gnosis Protocol v2’s price-finding mechanism and MEV protection.
The DEX space is constantly evolving. What was a smaller sector within the Ethereum community, has transformed into a multi-billion dollar industry. …