Lazy Guac

Just some avocado and lemon. Messing around in crypto.

[Lazy Guac @lazyguac]

@levelsio Crypto meanwhile...

https://t.co/nqowguoulU

[Lazy Guac @lazyguac]

Meanwhile in crypto...

https://t.co/nqowguoulU

[@levelsio @levelsio]

I made a live stock market bubble detector that shows bubble indicators updated multiple times per day

https://t.co/VhB84H62Zk

[Lazy Guac @lazyguac]

@karsenthil I was exploring a similar concept but combining daycare + exploratory after-school classes + members areas for families. I went really deep on research - lmk if you have any questions on it

https://t.co/ptbg163QMp

[Lazy Guac @lazyguac]

@fejau_inc @blockworks Something like @myfirstmilpod where two hosts just chat about interesting ideas and businesses being built using crypto rails

[Lazy Guac @lazyguac]

Rsup was always a bit different...

@ResupplyFi

[Aura @AuraFinance]

Believe in somETHing.

wstETH (@LidoFinance)
rETH (@Rocket_Pool)
pufETH (@puffer_finance)
wrsETH (@KelpDAO)
orbETH (@dinero_xyz)

[Aura @AuraFinance]

You don’t have to suffer from Degenile Dysfunction alone.

https://t.co/cMlu5zXbrI

[Aura @AuraFinance]

Incentivizing full-range stablecoin liquidity isn’t efficient. @GyroStable’s ECLPs let protocols concentrate liquidity exactly where it’s needed.

The $EURA | $PAR pool, featuring Euro stablecoins from @AngleProtocol and @ParallelMoney, focuses between $0.97–$1.05.

🔗 https://t.co/ptEBzkQl16

[Aura @AuraFinance]

Bulls move quickly. This fund keeps pace. The @Base Macro BTF is coming to Aura, bringing dynamic exposure to:

$cbBTC
$wETH
$USDC
$AERO

Daily onchain rebalancing keeps the pool aligned with macro momentum. Built by @QuantAMMDeFi on @Balancer v3.

⏳🐂 https://t.co/m3lp7X2lCo

[Aura @AuraFinance]

Most stablecoins pool risk together — if something breaks, the whole system suffers. $GYD from @GyroStable isolates risk across separate vaults so failures can be contained without spreading contagion.

A resilient, superliquid stablecoin offering competitive yields for LPs on Aura.

[Lazy Guac @lazyguac]

In case you missed the last @Balancer Office Hours --here's the AI-assisted notes. ⬇️

@Xeonusify walked through how V3 simplifies protocol fees and how the new Balancer Alliance Program aligns top protocols via BAL buybacks, veBAL locks, and long-term incentives.

Why Protocol Fees Matter
Protocol fees serve as the economic backbone of Balancer. They fund core service providers like the Balancer Foundation, OpCo (maintainer of the Zen UI), Beets (technical contributors), Hypernative (security), and the Balancer Maxis. Just as importantly, they generate revenue for veBAL holders.

In recent quarters, veBAL holders have earned yields ranging from 40% to 70% APR, showcasing the value of fee-sharing mechanics when properly optimized.

Four Years of Iteration: The Road to V3
Balancer’s fee strategy has matured significantly since it first turned on protocol fees in 2021. Here's the trajectory:

2021 – Community-led discussions (led by SolarCurve) culminated in protocol fees being enabled near the end of the year.

2022–23 – The introduction of the Core Pool framework enabled fee recycling. Automation via Mimic was added, and Aura emerged as a major veBAL holder and yield layer.

Late 2024 – The Balancer Strategy Group refactored the fee architecture to prepare for V3’s simpler, more efficient design.

Q1 2025 – The new fee model launched with Balancer V3.

What Changed in Balancer V3
The old V2 system was functional but complex. It included non-core pool fee recycling, costly automation (up to $10K/month via Mimic), and a 50% yield fee that discouraged some LPs without heavy emissions. It also made it harder for partners to fully grasp the economic flow.

V3 fixes that. The model is now radically simplified, with fees flowing directly to their end destinations and standardized across pool types.

Core Pools:
Yield Fee: 10%
Swap Fee Split: 12.5% veBAL / 70% bribes / 17.5% DAO

Non-core Pools:
Yield Fee: 10%
Swap Fee Split: 82.5% veBAL / 17.5% DAO

All legacy “fee redirection” strategies are gone.

A Cleaner Processing Pipeline
The new system for collecting and distributing fees is lean and modular:

Pools →
Controller →
Sweeper →
CoW burner (trades tokens to USDC via CoW Swap) →
Fee collector multisig →
Off-chain allocator →
Distribution to veBAL, DAO, or bribe markets.

Note: On Avalanche, Mimic will still handle burns as CoW Swap isn't supported there yet.

Introducing: The Balancer Alliance Program

Balancer has now launched the Alliance Program to deepen alignment with key protocol partners. It redistributes 17.5% of the fees from core pools directly to partners—used to buy BAL and lock it into veBAL, helping grow the pie while reducing circulating supply.

Rocket Pool is the first confirmed Alliance partner, with Lido next in line.
Partners are whitelisted and receive USDC allocations to execute the BAL buy-and-lock loop. This injects sustained demand into the ecosystem while incentivizing long-term collaboration.

What Comes Next

Buy Pressure: Early modeling shows this could generate over $100K in monthly BAL buybacks—outpacing emissions, especially at the current price levels.

Transparency: A public Dune dashboard is in the works to monitor Alliance activity and BAL flows.
Expansion: With strong fee throughput on Base (thanks to Hooks, Boosted Pools, and Surge Pools), the team expects the Alliance to accelerate V3 adoption.

Final Thoughts

Balancer’s V3 upgrade does more than improve fee handling—it lays the groundwork for long-term sustainability, clearer partner incentives, and a more efficient economic loop. With the Alliance Program live and top-tier protocols already joining, Balancer is showing how governance-aligned liquidity can be built and maintained in a modular, multi-chain world.

[Aura @AuraFinance]

80/20 pools give LPs more exposure to the token they believe in and less impermanent loss. Add @Balancer V3’s Boosted Pools, and you’ve got capital-efficient yield on the paired asset.

To hear how @0xParifi is using Balancer, catch last week's Spaces with @Zen__Dragon. 👇

https://t.co/YmZEzCGDW1

[Lazy Guac @lazyguac]

@safetyth1rd Today’s a day to be sad about all prices, all the other days are for ethbtc ratio

[Lazy Guac @lazyguac]

@ZeMariaMacedo Everybody moved to rabby a year or two ago

[Lazy Guac @lazyguac]

@moo9000 @Token_Logic @Balancer @aave @AuraFinance @Matthew_Graham_ @StaniKulechov @marczeller That's true, but it's also a brand-new pool that had less than $200 of TVL a few days ago. I'd expect trading fees to ramp up in time.

[Lazy Guac @lazyguac]

@SeikatsuIO @AuraFinance @Balancer @aave @MorphoLabs Same as it would be for any other pool.

[Aura @AuraFinance]

GYD is an anomaly.

It’s engineered for resilience, yet yields for LPs in GYD pools are often above market rates.

Built on @Balancer by @GyroStable and amplified by Aura.

[Aura @AuraFinance]

The frontier of AMM innovation is being built on @Balancer, with @GyroStable leading the way, and Aura serving as your gateway during this transformative era!

Thanks for the great discussion @stable_summit and @aklamun.

[Lazy Guac @lazyguac]

@0xUsamaro Yessir