Balancer

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.

Recent observations indicate increased volume on all LST $ETH Pools on Balancer.

The #ve8020 revolution is continuing to gain steam as it progresses forward.

GyroStable is utilizing Balancer pool technology to develop groundbreaking infrastructure in the DeFi space. Learn more in the latest Balancer Report.

This week, the Balancer community has held new governance votes on various topics. These include compensating DNS hack victims, funding Hypernative as a security advisor, automating core pool incentive programs, and approving a new gauge. Stay tuned for updates on the governance forum.