Balancer leverages rate provider contract and chainlink Oracle pricing data for accurate pricing on AVAX

By Balancer
Jan 16, 2024, 9:38 AM
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Balancer is a decentralized exchange (AMM) that utilizes a rate provider contract to pull pricing data from the chainlink Oracle on AVAX.​ This allows for accurate pricing of swaps and helps mitigate LVR on LP.​ Additionally, the core pool mechanics of Balancer scale LP incentives based on TVL.​

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If you like LSTs on @avax, you'll love Balancer. Why? 1️⃣ The AMM leverages a rate provider contract that pulls @chainlink Oracle pricing data to accurately price swaps & mitigate LVR on your LP. 2️⃣ Core pool mechanics scale LP incentives in correlation to TVL.

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Balancer Votes to Reallocate Unclaimed Rewards and Extend Claim Window

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Covenant Finance Launches First DEX Position Tranching on Balancer's Monad Pool

Covenant Finance has introduced a novel tranching mechanism for Balancer's AUSD/USDC/USDT0 liquidity pool on Monad, marking the first time they've applied this technology to a DEX position. **Key Innovation:** - The LP position is split into two separate tokens: one representing yield and another for price exposure - Liquidity remains boosted through Neverland Money integration - This builds on Balancer's existing $8M TVL stable pool that already combines swap fees with lending yields **Technical Details:** - The tranching allows investors to choose between yield-focused or exposure-focused strategies - Original pool maintains its triple-yield structure: swap fees + lending returns + liquidity incentives - [View the pool on Balancer](https://balancer.fi/pools/monad/v3/0x2daa146dfb7eaef0038f9f15b2ec1e4de003f72b) This development represents a new primitive in DeFi composability, enabling more granular risk management for liquidity providers.

Balancer Clarifies Outstanding BAL Supply Calculation for Upcoming Buyback Program

Balancer has clarified the calculation for outstanding BAL shares ahead of its planned buyback program. **Key Details:** - Outstanding shares exclude BAL tokens that cannot be bought back - Total supply of 72,697,103 BAL reduced to 64,616,812 outstanding shares - Full calculation methodology available in [forum discussion](https://forum.balancer.fi/t/bip-919-bal-tokenomics-revamp/7001/23) **Buyback Program Context:** The buyback stems from BIP-919, the tokenomics revamp approved in April 2026: - Fixed price: $0.1487 (NAV per share at proposal time) - Funded from DAO treasury, capped at 35% of net assets - Total cap: $3,362,868.55 (~22,615,121 BAL) - Opens April 2027, runs for 12 weeks - All bought-back BAL will be burned This clarification ensures transparency in how the buyback program will calculate eligible tokens when it launches next year.

Balancer DAO Sets BAL Buyback Price at $0.1487 Per Token

Balancer DAO Sets BAL Buyback Price at $0.1487 Per Token

The Balancer DAO has finalized its BAL token buyback parameters following the approval of BIP-919 in April. **Key Details:** - **Buyback price:** $0.1487 per BAL token (based on treasury NAV per share at proposal time) - **Funding source:** DAO treasury, capped at 35% of net assets - **Total allocation:** $3,362,868.55 (~22,615,121 BAL maximum) - **Timeline:** Opens April 2027, runs for 12 weeks - **Token treatment:** All purchased BAL will be burned The buyback is part of a broader tokenomics revamp approved earlier this year. The price was determined using the treasury's net asset value per share calculation at the time the original proposal was submitted. This represents a significant treasury deployment aimed at reducing BAL supply through systematic token burns over the three-month window.

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