Latest news

  • Balancer Drained for $500k Using STA & STONK Deflationary Tokens

    Balancer – a leading automated asset management and liquidity platform – suffered a setback yesterday afternoon as ~$500k worth of collateral was drained from two pools that used deflationary tokens. On the incident with non-standard ERC20 deflationary tokens today.
    — Balancer Labs (@BalancerLabs) June 29, 2020 Deflationary tokens – or those who’s supply is reduced due to a predefined parameter – opened up vectors for pool weighting im… … More

  • This Week in DeFi – June 26th

    To Our DeFi Community,
    The liquidity wars have begun. With virtually every DeFi protocol now launching or exploring yield farming incentives, we’re beginning to see a fight for liquidity on Ethereum.
    And it’s just beginning. While Compound and Balancer have been prime examples of successful launches for yield farming- where their native governance tokens soared in value alongside hundreds of millions in new liquidity – there are dozens of other protocols jumping into the queue … … More

  • Balancer Responds to FTX Capital Influx for BAL Yield Farming

    Yesterday afternoon, the rising automated asset management platform Balancer faced its first growing pain as a leading centralized exchange FTX looked to take advantage of a BAL yield farming loophole. [email protected]_Official is currently gaming $BAL distribution (on pace to receive >50% of this week’s distribution).
    Balancer uses @coingecko price feed to calculate liquidity in pools. Big players can create assets & price them as they wish to inflate numbers. pic.twitte… … More

  • Balancer Distributes BAL Governance Tokens to Yield Farmers

    Balancer – an automated asset management and liquidity protocol – has begun to distribute its coveted BAL governance tokens to liquidity providers. BAL is live!
    The 435k BAL for liquidity providers of the first three weeks of liquidity mining (145k per week) have just been sent out to the wallets used to provide liquidity on Balancer.
    — Balancer Labs (@BalancerLabs) June 23, 2020 For those who missed it, Balancer’s Liquidity Mining program has bee… … More

  • This Week in DeFi – June 19th

    To Our DeFi Community,
    Compound’s launch of the COMP token earlier this week may have very well sparked a new trend in DeFi – liquidity mining (also known as yield farming). In case you somehow missed it, the leading lending protocol has begun distributing COMP tokens to each of the protocol’s money markets pro-rata by the total interest accrued. While many were anticipating the launch, few expected the results.
    After initially listing on Uniswap for $16, COMP tokens have soare… … More

  • This Week in DeFi – June 12th

    To Our DeFi Community,
    Another week in DeFi in the books. As always, the week was filled with new releases, projects reaching new milestones, and more. This Week in #DeFi @CurveFinance integrates RenVM @AaveAave reaches $100M market size @graphprotocol partners with ChainLink @synthetix_io adds Balancer incentives @Opium_Network launches pre-market trading for $COMP + $BAL
    — DeFi Rate (@DefiRate) June 12, 2020 One of the most interesting things to … … More

  • Meet Fernando Martinelli: CEO of Balancer Labs

    To anyone keeping an eye on DeFi in recent weeks, you’ve surely heard of Balancer – an automated asset management platform for programmable liquidity.
    For those unfamiliar, Balancer allows anyone to create public (shared) or private liquidity pools for up to 8 assets with customizable weighting and swap fees.
    This past week, Balancer started its Liquidity Mining program for the newly announced governance token – BAL. Since it’s debut, Balancer has seen a strong spike in liquidi… … More

  • Opium Exchange Launches Pre-market Options for Governance Tokens

    In the past few months, we’ve seen a new wave of token models emerge surrounding DeFi governance.
    In case you’re unfamiliar, the Simple Agreement for Future Governance (SAFG) is a simple, yet elegant token model that allows protocol teams in virtually any jurisdiction to distribute tokens to their users. These tokens are generally non-transferable and have no economic rights, solely representing voting power in future protocol changes.
    While these tokens don’t seem attractive o… … More

  • This Week in DeFi – June 5th

    To Our DeFi Community,
    Boom. Another week in the books!
    The week kicked-off with Balancer, the DeFi non-custodial liquidity and asset management protocol, launching Liquidity Mining. Users can now earn BAL tokens by becoming a liquidity provider. With these tokens following the SAFG framework, BAL has no economic rights and are non-transferable. They simply represent voting power for future protocol changes. However, it’s important to recognize that upon a successful distribution, nothing … … More

  • Balancer – Start Liquidity Mining and Earn BAL Tokens Today

    Liquidity is paramount to the growth of DeFi. Many DApps require reliable pools of liquidity to function. One of the most interesting project’s innovating in the pool liquidity space is Balancer. If you haven’t heard of Balancer, now’s a great time to learn because Balancer is about to start distributing BAL tokens to liquidity providers on June 1st, 2020 at 00:00 UTC. What is Balancer? Balancer is a non-custodial generalized automatic market maker (AMM) protocol tha… … More

  • Balancer Announces Governance Tokens BAL for DEX Liquidity Mining

    Balancer – a non-custodial portfolio manager, liquidity provider, and price sensor – has just announced the release of BAL – a native governance token that rewards users for providing liquidity to Balancer Pools. We’re excited to share that starting shortly (days, not weeks), Balancer liquidity providers will get $BAL governance tokens! To learn more:
    — Balancer Labs (@BalancerLabs) May 15, 2020 Just two months after the closing of a $3M seed… … More