Balancer

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.

The Balancer Protocol's $ezETH | $ETH composable stable pool routed liquidity worth half a billion dollars in a single day on April 25, 2024. This substantial liquidity flow enabled liquidations that would have been impossible otherwise due to the constraints imposed by Curve's price bounds on liquidity allocation. The Balancer community continues to promote the protocol's capabilities, encouraging users to 'Build Better. Build On Balancer.'

Balancer has released a new Dune Analytics dashboard that provides clear and comprehensive comparisons of decentralized exchange (DEX) performance. The dashboard aims to offer insights into DEX performance, aligning with Balancer's mission to build better on their platform. Balancer acknowledges Viniabussafi's contribution in developing the dashboard.

Balancer has published the latest edition of its report, providing insights into the latest trends, innovations, and developments within the Balancer ecosystem. The report aims to keep readers informed about the evolving landscape of the Balancer protocol and its governance updates.

Gyroscopic, a project focused on developing a unique stablecoin design, has announced a collaboration with Arbitrum and received a grant from Balancer. The project aims to create passive elliptical concentrated liquidity pools and an all-weather resilient stablecoin. This partnership and funding will support the development of Gyroscopic's innovative stablecoin solution built on the Balancer protocol.