Balancer

Balancer, a decentralized exchange protocol, has introduced a new user interface update for its Yield Bearing Hub. The update now displays the points multiplier for each Liquid Restaking Protocol directly on the UI, providing users with more transparency and information regarding their staking rewards.

Balancer, in collaboration with Aave and Balancer, has launched Rehype E-CLPs, which are being promoted as the new most capital efficient Automated Market Makers (AMMs) in the decentralized finance (DeFi) space. Additionally, Balancer has introduced SPIN and Rehype pools, allowing users to earn points with GYD and provide liquidity in E-CLPs, while also enabling triple-dipping with yield.

SPIN pools allow users to earn points with GYD and LPing in E-CLPs. Rehype pools offer a capital-efficient AMM in DeFi, enabling users to triple dip with yield.

Xave has introduced FXPool, a custom Balancer liquidity pool that utilizes a novel FX invariant to enable stablecoin swaps without slippage. This represents a significant development in permissionless financial innovation built on Balancer technology.

Frax Finance has launched an E-CLP for FRAX/sFRAX liquidity on Arbitrum, offering BAL and ARB rewards. This new E-CLP leverages asymmetric concentrated liquidity to increase liquidity efficiency by over 100% compared to StableSwap pools.

Karpatkey, with approximately $1.6B in Assets Under Management (AUM), is a prominent player in decentralized asset management within DeFi. The platform emphasizes rigorous risk management and sustainable long-term strategies, covering areas such as portfolio accounting, reporting, and audits.

The Balancer community reports having over half a billion Liquid Staked Token liquidity. The community sees this as just the beginning of a larger trend. #BuildBetter

The $wstETH $ETH pool on Balancer has facilitated over $1.5 billion LST volume in 90 days with only $24m TVL. It reached a utilization rate of over 1000% on February 14th, regularly generating more 24-hour volume than the liquidity in the pool.

THX Protocol has joined the 80/20 Initiative on Balancer. $veTHX is now available on 0xPolygontech with 70% of fees auto-compounded and distributed to users when staking or completing quests. Learn more at the provided link. :sparkles:

Balancer technology, designed with flexibility in mind, has implemented reduced swap fees for key solvers like 1inch and CoWSwap. This change has led to over $1 billion in additional non-toxic volume being redirected through the protocol.