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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