Ledger Connect Issue Fixed
Ledger Connect Issue Fixed
The Ledger Connect issue reported yesterday has been fixed. Balancer was not affected and the frontend is safe to use. Users are advised to stay vigilant and exercise caution with their transactions.
UPDATE: The Ledger Connect issue communicated yesterday has now been reported as fixed. Balancer was not affected and the frontend is safe to use. We continue to advise all users to stay vigilant and exercise caution with their transactions. x.com/ledger/status/…
UPDATE: The genuine Ledger Connect Kit 1.1.8 is now fully propagated. Ledger and WalletConnect can confirm that the malicious code was deactivated. You are now safe to use your Ledger Connect Kit. Reminder that that we always encourage clear signing.
WARNING: A potential vulnerability has been detected with Ledger Connect. We advise all users to exercise heightened caution and avoid using the Balancer frontend until further information is available. x.com/bantg/status/1…
🚨 ledger library confirmed compromised and replaced with a drainer. wait out interacting with any dapps till things become clearer. cdn.jsdelivr.net/npm/@ledgerhq/…
Balancer V3 Launches on Avalanche
Balancer V3 has officially launched on Avalanche, bringing native 100% Boosted Pools, programmable Hooks, and custom pool types. Key features include capital-efficient pools boosted by Aave, the StableSurge hook for peg protection, and deeper integration with Avalanche's growing RWA ecosystem. Launch includes three new pools: wAVAX/sAVAX/ggAVAX with Benqi and GoGoPool, USDC/USDT/AUSD for stablecoin liquidity, and sdeUSD/savUSD/upAUSD built with Elixir and partners. Incentives are now live for key stable and AVAX-native pools.
The Alliance Movement Continues to Grow
The Alliance initiative is gaining significant traction in the web3 ecosystem. Multiple protocols and DAOs have joined forces to create a collaborative framework for sustainable growth. Key developments: - Increased participation from major DeFi protocols - Focus on interoperability and shared resources - Community-driven governance structure emerging The movement has shown steady growth since early 2024, with new partnerships being formed monthly. Participating projects are working to establish common standards and best practices. *Technical integration between member protocols is underway, with several successful testnet implementations completed.*
Balancer Launches New MiCA-Compliant Stablecoin Pool with Morpho Integration
Balancer V3 introduces a new boosted pool featuring MiCA-compliant stablecoins $USDR and $USDQ, with initial TVL of 1M. Key features: - Powered by Morpho Labs and curated by Steakhouse - 100% LP liquidity redeposited into lending markets - Enhanced yields through lending incentives - Fully compliant solution for business operations The stablecoins are issued by StablR ($USDR) and Quantoz ($USDQ), designed for both on-chain and off-chain financial solutions. Learn more: - $USDQ: [Quantoz](https://quantozpay.com/eurq-usdq/) - $USDR: [StablR](https://stablr.com/usdr)
Balancer v3 Introduces Priority Fee Router on Base
Balancer v3 is launching a new Priority Fee Router on Base in Q1 2025, introducing a mechanism to redistribute MEV rewards to liquidity providers. - The system taxes high-priority transactions and shares fees with LPs - Creates new revenue stream for liquidity providers - Reduces sequencer MEV dominance The innovation draws inspiration from Paradigm's research on priority fees. Implementation aims to create a more equitable distribution of transaction fees in the DeFi ecosystem. [Read the full research](https://medium.com/@mikeisballin/mev-internalization-through-priority-fee-taxes-coming-to-balancer-v3-on-base-q1-2025-f20b3e1b7295)
Balancer and BackedFi Launch Tokenized S&P 500 Trading
Balancer has partnered with BackedFi to launch permissionless trading of tokenized S&P 500 index ($bCSPX) on Gnosis Chain. Key features: - Regulatory-compliant access to S&P 500 performance - ERC-20 token format for easy transfers - New liquidity pool pairing $bCSPX with $sDAI - Earning opportunities through swap fees and $GNO rewards The integration represents Balancer's first step into tokenized real-world assets (RWAs), with more developments planned.