Balancer Labs

Balancer Labs contributes to @Balancer Protocol

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[MatthΞw (HIRING 👀) @Matthew_Graham_]

So new $GHO pools coming to @Balancer soon 👀👀

Time to get that fat vlAURA holding voting and to start making it rain incentives

https://t.co/UQKiSS0Ln5

[Balancer @Balancer]

Plugging into YB native tech, core pool dynamics, and efficient @AuraFinance liquidity layers, protocols such as @ether_fi and @renzoai are fuelling a wave of LRT liquidity growth on Balancer!

Why are Liquid Restaking Token protocols utilizing Balancer Tech to host their LRT liquidity?

LSTs and LRTs are tokens that harness inbuilt yield accrual. This means they often increase in ratio relative to their base token - $ETH. They are not 1:1. Yet, almost every LP in DeFi utilizes traditional stableswap logic that prices these tokens and $ETH 1:1 on swaps.

Is that an issue?

Yes. For most LST/LRT liquidity pools in DeFi, liquidity providers have the underlying YB token yield continuously siphoned off to arbitrage traders due to inaccurate non-YB native AMM 1:1 swap pricing.

The Balancer solution?

Balancer implements a Composable Stable Pool. A stableswap pool that integrates an additional contract known as the Rate Provider. The Rate Provider does what the name implies - it provides AMM swap logic with the current and correct rate for yield-bearing tokens.

Rather than trading at 1:1 (as a traditional stableswap would), the Balancer composable stable AMM plugs into @chainlink pricing oracles, which offer an aggregated and decentralized source for the current YB token ratio.

This means that as the price of the YB token naturally rises, the pool continually accounts for it to ensure there isn’t a constant arbitrage and LP loss available due to the incorrect 1:1 pricing.

The result?

This simple technological innovation ensures the benefits of YB tokens actually flow to LPs and is one of the core reasons LRT protocols choose Balancer technology to efficiently host and grow LRT liquidity.

[Balancer @Balancer]

This week, $ETH staked on the network has surged to 19.20%, with the Liquid Staked market now sitting at a staggering $18.4b in liquidity!

Let's dive into the weekly stats.

A 🧵

[Aura @AuraFinance]

Once Shanghai goes live, competition for staked ETH market share is a free-for-all.

Existing stakers can withdraw and re-stake with other providers, while holders who were waiting for Ethereum’s upgrade will be looking to stake their ETH.

🧵.

[Balancer @Balancer]

Day one: Engines have started and the Balancer Bus is on the move 🚌 We had to make a quick pit stop and say hi to @VitalikButerin, but we can’t stay long as this is only the first part of our journey.

Any guesses on where we’re heading? #BuilderMafia #FollowTheBalancerBus

[Balancer @Balancer]

Weekly update: 02/24/2023
⟠ ETHEREUM STAKING DEPOSITS ⟠

🔵 Total Staked ETH: Ξ16,931,913
🔵 Staked Share of ETH Supply: 14.06%

➡️ https://t.co/F2DkIzLYFg

[ylvio.eth 🦇��� @ylv_io]

I am thrilled to announce that I am joining the @balancerlabs team as a Smart Contract Engineer. I am honored and excited to be a part of such a talented team and to have the opportunity to work on one of the top DeFi protocols.

[Balancer @Balancer]

We're diving deep into Protocol Pools & why they're built on Balancer

Our infrastructure empowers builders to create custom AMMs 💥

The result? Programmable liquidity. Let’s dive in ⬇️

[Balancer @Balancer]

Balancer's Great Pool Migration is underway ⛵️

A full scope of the plan and actions Liquidity Providers are able to take can be found ⬇️

https://t.co/YAy0KCAdNf

[Balancer @Balancer]

A new level of superfluid, consolidated liquidity has been unlocked 🔒

Balancer unveils DeFi’s next building block with Generalized Boosted Pools.

https://t.co/HSAsWKy1lc

[Balancer @Balancer]

Weekly update
⟠ ETHEREUM STAKING DEPOSITS ⟠

🔵 Total Staked ETH: Ξ16,603,241
🔵 Staked Share of ETH Supply: 13.78%

#ethereum #balancer

[Balancer @Balancer]

Balancer has prepared a solution to the non-critical issue announced on January 6, 2023 and will be rolling out the below plan in the coming weeks. 

No funds have been lost or remain at risk.

[Balancer @Balancer]

Monday 👀

[Balancer @Balancer]

This just in, @Enzymefinance has integrated Balancer into its DeFi operating system 💥

The Enzyme ecosystem can now access 14 Balancer Pools on Ethereum & Polygon

⬇️

[Balancer @Balancer]

They just launched a prototype Stablecoin on Polygon, have 3 concentrated liquidity pool types, #BuiltonBalancer & are the brains 🧠 behind E-CLPs 😮‍💨

Let's celebrate cool shipped code and dive into @GyroStable 🧵

[Balancer @Balancer]

Balancer 🤝 @0xPolygon AMA speaker roll call 📣

@fcmartinelli
@sandeepnailwal
@immutbl
@0xSolarcurve
@0xkhan_
@_khanhamzah

in 2 hours
https://t.co/MfFJOeBxLh

[Balancer @Balancer]

What happens when two DeFi OGs get together for an AMA 👀

find out tomorrow.

@0xPolygon
➡️ https://t.co/MfFJOeBxLh

[Balancer @Balancer]

Developing controllers on Balancer Managed Pools unlock a variety of novel DeFi applications to manage treasury risk, automate trading strategies, and automate liquidity management.

Let's dive in 🧵

[Balancer @Balancer]

Getting ready for our chat with @staderlabs_eth

Join 👇👇
https://t.co/SJoeMWRJ7K

[Balancer @Balancer]

how old are you in defi years? 👴🏽