🥳 Earning Growth Points can Win an iPhone 16?
🔥 Gate Post Growth Points Summer Lucky Draw Round 1️⃣ 1️⃣ Is Live!
🎁Prize pool over $10,000! Win iPhone 16 Pro Max 512G, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=11
How to earn Growth Points fast?
1️⃣ Go to [Post], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
New feature this round: “Fragment Exchange”! Collect fragments to redeem exclusive Gate merch!
100% chance t
Balancer V3 Debuts on Arbitrum Featuring Boosted Pools System
Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations.
Balancer Launches Boosted Pools On Top Of Arbitrum
Balancer, a decentralized finance protocol with over a billion dollars in assets, has launched the third version of its services on top of Arbitrum, an Ethereum L2. The new version improves over its previous iteration by including key features designed to ease the user experience while maximizing yield and stabilizing the pools in times of stress.
One of the key improvements that this new version brings is the introduction of boosted pools, liquidity pools that automate certain tasks to increase the yield obtained by liquidity providers.
Unlike traditional pools where funds sit idle and serve as liquidity for earning fees and facilitate decentralized trading swaps, boosted pools allow these funds to be moved to external lending markets, earning additional yields without user involvement. At the same time, trading is guaranteed to continue as a significant part of the liquidity is still maintained in the pool.
Another improvement of Balancer in this third version comes in the form of hooks, a feature that makes it possible to customize the behavior of liquidity pools depending on certain conditions. For example, Stablesurge, a hook, protects stable assets from de-pegging while facing stressful market conditions, securing an efficient operation of exchange operations.
Balancer emphasized the relevance of Arbitrum in optimizing its systems for maximum efficiency, highlighting the usefulness of a low-fee environment for its operation. It stated:
In the coming days, Balancer will launch a series of incentives to position itself as one of the key liquidity hubs in Arbitrum, establishing alliances with other protocols such as Lido and Avave to this end.
Read more: Balancer Introduces Boosted Pools, Developer Tools in v3 Update; Partners With Aave