Balancer LP Tokens Now Accepted as Collateral Across Major DeFi Protocols
**Major DeFi protocols now accept Balancer LP tokens as collateral**
Rocket Pool, StakeWise, and TreehouseFi have integrated support for Balancer Pool Tokens (BPTs) as eligible collateral. This allows liquidity providers to:
- Access liquidity without unwinding their positions
- Continue earning fees and yield while borrowing against their LP tokens
- Unlock capital that was previously locked in pools
**How it works:**
When you provide liquidity on Balancer, you receive BPTs - ERC-20 tokens representing your pool share. As fees accumulate and assets generate yield, your position value grows. Previously, accessing this capital meant exiting the position and forfeiting future earnings.
With these new integrations, LPs can now use their BPTs as collateral in lending markets while maintaining their earning positions.