Balancer

Aave's decentralized stablecoin GHO has surpassed $150m in circulating supply and is expanding its DeFi presence through new liquidity pools on Balancer. Key developments include: - A Tri-StablePool on Ethereum mainnet pairing GHO with USDC and USDT, offering swap fees, GHO rewards, BAL rewards, and AURA rewards. - A new GyroStable concentrated liquidity pool on Arbitrum, combining yield-bearing waGHO (wrapped aGHO) with USDe. This pool provides access to: - GHO interest rates from Aave lending market - Concentrated swap fees - ARB, BAL, and AURA rewards - x30 Sats on Ethena Labs Users can explore all GHO opportunities on Balancer via their pool search page. For questions, the Balancer Discord is available.

Balancer has introduced a new liquidity pool (LP) featuring $balETH and $wstETH, now live and offering rewards. This development follows the successful bootstrapping of $balETH, which is currently autopiloting ~$10m across Balancer's ETH LST pools. Key features of the new LP: - Optimizes ETH liquidity allocation across Balancer pools - Provides exposure to $balETH swap volatility and fees - Offers additional $BAL rewards The user experience remains simple: 1. Deposit $ETH 2. Receive $balETH The $balETH token is ERC-4626 compliant, allowing for composability in other yield-generating markets. This LP aims to provide optimal $ETH yield-generating exposure through rebalancing and additional rewards.

Balancer has announced significant improvements to its Boosted Pools in version 3 (v3) of its protocol. The new iteration allows for 100% Boosted Pools, eliminating the need for Balancer Pool Token (BPT) nesting. This enhancement is made possible by the introduction of ERC20MultiToken and transient accounting in v3. To facilitate gas-efficient swaps, v3 introduces the concept of Buffers, which act as simple two-token liquidity pools. These Buffers are designed to handle most swaps through Boosted Pools with minimal liquidity, providing liquidity providers (LPs) with full exposure to yield-bearing assets while offering gas-efficient transactions. This development aims to improve capital efficiency and seamless operations within the Balancer ecosystem.

On June 25, 2024, Ether.fi, in collaboration with GyroStable and Lido Finance, deployed a weETH | wstETH E-CLP (Ethereum Concentrated Liquidity Pool) on the Arbitrum network. This deployment includes a concentrated liquidity ETH LP and comes with a 1.5x Balancer ARB boost. Both Ether Fi and Gyroscope have received ARB grants for this initiative. This development follows a trend of expanding liquid restaking token capabilities on Ethereum Layer 2 solutions, as evidenced by a similar collaboration between Renzo Protocol, Chainlink, and others on March 26, 2024, which saw the launch of an ezETH wstETH LP on Arbitrum with double points.

Ethena Labs has launched a new liquidity pool on Balancer that allows users to skip the 7-day withdrawal queues for their sUSDe stablecoin. The sUSDe/USDC pool provides liquid sUSDe tokens and is integrated with Aura Finance's ecosystem. This development aims to enhance the utility and accessibility of the sUSDe stablecoin within the Balancer protocol's core pool flywheel.

Balancer Protocol has announced that its liquidity is expanding to Polygon's zkEVM network. Users can now swap into and out of the Balancer token (BAL) with a new BAL/ETH liquidity pool. Additionally, rewards in the form of MATIC tokens are now live for liquidity providers.

Gyroscope has introduced a new product called Rehype Pools on the Balancer protocol and Arbitrum network. Rehype Pools combine the capital efficiency of Gyroscope's Elliptic Concentrated Liquidity Pools (E-CLPs) with additional yield sources from Aave's lending markets. This innovative pool type unlocks exposure to concentrated liquidity swap fees, Aave on-chain lending market rates, and additional rewards in BAL and AURA tokens. By combining E-CLPs with Aave's aTokens, the underlying pool liquidity is optimized within both asymmetric concentrated liquidity bounds and Aave lending markets, resulting in a capital-efficient powerhouse. Three stable Rehype Pools are already live on Arbitrum for users to explore.

On April 29th, 2024, custom elliptical concentrated liquidity pools built on the Balancer protocol facilitated a trading volume of $1,000,000,000. This marks a significant milestone for the protocol, which is still in its early stages of development and adoption.

A cryptic message from the Solana ecosystem has sparked speculation about potential developments or updates within the $SOL ecosystem. The tweet hints at something brewing 'deep within' the Solana blockchain, generating curiosity and anticipation among the community. However, no specific details have been provided, leaving room for interpretation and further revelations.

The QuantAMM team is currently researching solutions to optimize Automated Market Maker (AMM) protection against Miner Extractable Value (MEV) attacks. One area of focus is analyzing whether dynamically weighted liquidity pools, such as Liquidity Bootstrapping Pools (LBPs), introduce new MEV attack vectors, and if so, developing inter-block protections to guard against them.