Balancer Announces New Angel Investor
Balancer Announces New Angel Investor
馃毃 New Investor Joins Balancer

Balancer, a decentralized automated market maker (AMM) protocol with $1.25 billion in assets, has announced that Fernando Martinelli, the CEO of Balancer Labs, has joined as an angel investor in their latest funding round. Balancer is a yield-hub for DeFi liquidity and represents a flexible building block for programmable liquidity.
We are excited to introduce another angel investor joining our round! 馃 Fernando Martinelli (@fcmartinelli) is the CEO of Balancer Labs 鈿栵笍 @Balancer is a yield-hub for DeFi liquidity with $1.25b in assets. As a decentralized AMM protocol, Balancer represents a flexible
馃敀 Balancer Shuts Down v2

**Balancer has approved BIP-887**, officially disabling v2 pool factories and making v3 the only platform for new pool creation. **Key Changes:** - No new v2 pools can be created - Existing v2 pools remain operational but migration to v3 is recommended - v3 offers better gas efficiency and enhanced security **What's Affected:** - WeightedPoolFactory disabled - ManagedPoolFactory disabled - NoProtocolFeeLiquidityBootstrappingPoolFactory disabled **What Continues:** - veBAL system unaffected - Partner integrations maintained - Gyro eCLP pools still deployable (separate factories) - Migration support available This transition concentrates activity on v3 for improved security and resource efficiency. [Read full proposal](https://forum.balancer.fi/t/bip-887-transitioning-to-balancer-v3-disabling-v2-pool-factories/6874)
馃挵 Balancer Proposes Framework for Redistributing $45.7M in Recovered Hack Funds

**Balancer has opened community discussion on redistributing recovered funds** from the November 3rd V2 exploit that initially stole $94.8M. **Key Recovery Details:** - $45.7M total protected/recovered through coordinated response - $4.6M recovered by whitehat hackers under SEAL framework - $19.3M protected through emergency pool pauses - $21.8M recovered by StakeWise DAO emergency operation **Proposed Distribution Framework:** - Pool-by-pool reimbursement rather than socializing losses - LPs must actively claim recovered funds (no airdrops) - Proportional distribution based on positions at exploit time - Only applies to pools where funds were actually recovered **Technical Background:** The exploit targeted V2 Composable Stable Pools through rounding errors in exact-out swaps, affecting pools across Ethereum, Arbitrum, Base, Optimism, and Polygon. **Balancer V3 remains completely unaffected** due to its different architecture. **Next Steps:** - Community feedback period on [forum proposal](https://forum.balancer.fi/t/rfc-distribution-of-rescued-funds-from-balancer-v2-november-3rd-2025-attacks/6883) - veBAL governance vote required for final approval - Claiming process details to be announced - Continued law enforcement coordination for remaining funds Balancer emphasizes transparency and user-centric approach throughout the recovery process.
StreamDefi Partners with Balancer to Launch Four StableSurge Pools Across Multiple Chains
**StreamDefi** has launched four new StableSurge pools on Balancer v3, bringing their $265M+ TVL and delta-neutral strategies to **Plasma, Arbitrum, and Avalanche**. **Key Features:** - **StableSurge hooks** maintain tight pegs through dynamic fee adjustments - Penalties for destabilizing trades, rewards for rebalancing trades - **100% boosted pools** earn lending yield while providing liquidity - Delta-neutral strategies offering **8-18% APY** with zero directional risk **Live Pools:** - [xUSD/USDT on Plasma](https://balancer.fi/pools/plasma/v3/0x694c009aa31b3f80ee18c218b02390ca2d7151e7) - [USDC/xUSD on Arbitrum](https://balancer.fi/pools/arbitrum/v3/0x7c60989d5e663836cf688f2bacf12a1208ae11b7) - [mevUSDC/xUSD on Avalanche](https://balancer.fi/pools/avalanche/v3/0x9dfdf58e1624cba507d0a38059e85eeab74f3b6b) - [BTC.b/xBTC on Avalanche](https://balancer.fi/pools/avalanche/v3/0x345e9afe5dd68237541993e5e2b9a87367ed91b7) The partnership focuses on **sustainable returns** rather than unsustainable incentives, combining Stream's proven strategies with Balancer's peg-protecting technology. Explore pools at [balancer.fi](http://balancer.fi)
Plasma Protocol Reaches $100M TVL Within 24 Hours of Launch

**Plasma Protocol achieved over $100M in Total Value Locked (TVL) within just 24 hours of deployment.** Key highlights: - Protocol launched and immediately attracted significant capital - Liquidity flows directly into Aave vaults to boost yields for liquidity providers - Aave simultaneously reached $4B+ TVL during the same period The rapid adoption demonstrates strong market demand for the protocol's yield-boosting mechanism. By channeling funds into established Aave infrastructure, Plasma creates additional earning opportunities for participants while leveraging proven DeFi protocols.
Balancer Hosts Office Hours: DappCon Insights and reCLAMM Updates

Balancer is hosting their weekly office hours to discuss two key developments: - Insights and impressions from DappCon Berlin - Updates on the upcoming Readjusting Concentrated Liquidity AMM (reCLAMM) The community session will provide firsthand ecosystem updates and allow participants to ask questions directly. Join the discussion on [Discord](https://discord.com/channels/638460494168064021/930442359932600380). *Previous office hours have covered Balancer V3 developments and ecosystem updates.*