Circles Launches Personal Currency System on Balancer
Circles Launches Personal Currency System on Balancer
🪙 Your Own Money Printer
Circles introduces a novel personal currency system built on Balancer's liquidity engine. Users can mint their own currency (CRC) at 1 token per hour indefinitely.
Key features:
- Personal currency creation without banks or intermediaries
- Liquidity Bootstrapping Pools starting at 99/1 ratio, moving to 50/50 over a year
- Support for ETH, BTC, and GNO reserves
- Social network-based trading through connection paths
- 1:1 CRC swaps through trusted connections
The system leverages Balancer LBPs and CoW protocol for decentralized, permissionless markets. Users can trade CRCs and participate in shared economies.
Join at app.metri.xyz
Ecosystem spotlight: Circles! ⛓️ @aboutcircles Built on Balancer's liquidity engine for a new kind of money. No banks. No intermediaries. No trust. For the first time, you can create and exchange your own currency Thanks, @gnosischain 🔗 app.metri.xyz
Balancer V3's GHO/USDC Pool on Base Offers Triple Yield Opportunities
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Rocket Pool Joins Balancer Alliance to Enhance rETH Liquidity
Balancer welcomes Rocket Pool to the Balancer Alliance, focusing on strengthening rETH liquidity across the ecosystem. The partnership includes: - Deep liquidity provision for rETH/wETH pools - Protocol revenue directed to veBAL purchases - Active collaboration with Balancer DAO The alliance leverages Balancer's AMM architecture for capital-efficient routing and programmable incentives, specifically designed for liquid staking tokens like rETH. The proposal has received strong community support and aims to create a sustainable flywheel benefiting LPs, veBAL holders, and Rocket Pool participants. [View proposal details](https://forum.balancer.fi/t/bip-822-rocket-pool-balancer-alliance-program-proposal/6488)
Analysis of Safe Haven BTF Performance in Volatile Markets
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Balancer Announces New veBAL Experience Update
Balancer is hosting their Weekly Office Hours today at 2PM UTC on Discord Stage. The main focus will be unveiling the new veBAL experience along with additional product updates. Key points: - Time: 2PM UTC - Location: Balancer Discord Stage - Main topic: New veBAL experience - Additional product updates to be discussed Join directly through [Balancer Discord](https://discord.com/channels/638460494168064021/930442359932600380) for first-hand updates.