Royco picks Balancer V3 for senior-tranche SLP pools
Decentralized exchange partner Royco Protocol chose Balancer V3 as the first venue for its senior-tranche SLP pools, which use Gyroscope's E-CLP pool type. The pool sets its range per market and can hold up to 100% stables — a shape no default AMM offers, so it relies on custom pool types. Royco cited liquidity profile and security as reasons, noting Balancer V3 has been extensively audited, is monitored live, and is backed by a $1M bug bounty.
Sources
- Senior tranches need their own curve. @roycoprotocol picked Balancer V3 as the first venue for theirs. The pool sets its range per market and can hold up to 100% stables. No default AMM holds that shape. Custom pool types do. Build on Balancer 🥷 https://t.co/8MtuDxUiIWx.com ↗
- Partners check that for themselves before they build. @roycoprotocol is launching its SLP pools on Balancer V3, and named liquidity and security as the two reasons. Here's what they were looking at. https://t.co/PQTTTdRAx2 Quoting @roycoprotocol: The SLP pools are launching on Balancer V3, using Gyroscope’s E-CLP pool type. We chose it for its liquidity profile and security. Balancer V3 has been extensively audited, is monitored live, and is backed by a $1M bug bounty. Full security breakdown from @Balancer 👇 https://t.co/RwV09XJ70r https://t.co/o9Vnac4pvH Replying to their earlier post: Aviation got safe by assuming aircrafts could fail. Plane systems might break, so critical systems are duplicated and no single failure is allowed to matter. Balancer V3 security works the same way,…x.com ↗
