Balancer

Balancer, PlutusDAO, and RDNT Capital have collaborated to launch $plsRDNT V2, the first #ve8020 compounder. This allows users to auto-compound and maximize dLP positions, unlocking additional boosts in $BAL, $esPLS, and $ARB.

Balancer Technology is leading the way in next-gen #ve8020 governance tokenomics and boasts over $350 million hosted. In addition, it has more than $250 million in LST pools with inbuilt LVR reduction and has facilitated over $278 million of swaps through optimized E-CLPs.

Balancer is offering efficient hub for users to put their LSTs to work on $ARB. The platform includes Rate Provider Technology, Core Pool Dynamics, Dual LST Pools, and Tri LST Pools. Exciting news to be announced soon.

The ratio of $ETH staked has surged to 23.62%. The Balancer Liquid Staked Token flywheel is facilitating the growth of LST liquidity hosted on the protocol.

XaveFinance has realized its vision of highly efficient tokenized FX trades with 0 slippage and 24/7 market access by leveraging Balancer Technology. The newly created FX Pools provide beta regions with zero slippage for FX assets while offering instant access to all Balancer liquidity & aggregators.

RDNT Capital's $ARB governance position has hosted $61m, facilitated over $250 million swap volume, and generated $1.2 million in swap fees. The recently launched $ETH position already holds $9m. RDNT is considered one of the most liquid tokens in DeFi, thanks to its ve8020 mechanism.

E-CLPs are a new feature on Balancer that put liquidity to work in optimized, concentrated, and passive elliptical bounds. E-CLPs eliminate the need for tick adjustments or constant position management, making the process of optimizing and managing capital more streamlined and simplified.

The Balancer ecosystem continues to evolve with several new proposals. BIP-464 aims to remove BAL from the Deprecated Ribbon Vault to recover funds for better use. BIP-471 updates LayerZero Configs for Avalanche to ensure BAL rewards across all supported networks. BIP-473 is an updated version of BIP-442, streamlining permissions and creating a unified structure.

Participants in #ve8020 have over $240m in liquidity and have generated over $7.4m in swap fees. In a traditional single-staked position, swap liquidity and total fees would be zero.

GyroStable is revolutionizing concentrated liquidity by introducing E-CLPs, which allow for asymmetric concentration of liquidity instead of even distribution across the price range. With over $23 million TVL, elliptical and passive concentrated liquidity is gaining popularity.