The new MetaStable Pools from Balancer are intended to facilitate the exchange of “packaged” assets

Balancer, a DeFi AMM protocol, announced Monday that it has partnered with the DAO-based staking platform Lido to launch a MetaStable pool incentive program.

MetaStable Pools are liquidity pools specially designed to work with highly correlated (but not linked) tokens, such as: B. Packaged Assets. Users will be able to create an exchange between MetaStable pools and assets integrated with other liquidity pools while benefiting from cheaper swap prices and eliminating the need for stable and individual swap-specific pools. They will also prevent the liquidity of existing pools from being diluted and increase the maximum trading amounts, the statement said.

The first list of pools, stETH / wstETH, aims to offer liquidity to those interested in the Ethereum network. The pool is sponsored by LDO and BAL Rewards with an allocation of 2,500 BALs per week and an additional 25,000 LIDOs per week for the first month. The first distribution is planned for August 24th via the balancer portal.

The new MetaStable Pools from Balancer are intended to facilitate the exchange of “packaged” assets
The new MetaStable Pools from Balancer are intended to facilitate the exchange of “packaged” assets

In July, Balancer introduced stable pools with tighter spreads and less slippage than the other pools on the platform. This update made Balancer the only Automated Market Maker or AMM with 3 different types of liquidity pools; weighted, elementary and stable.

Earlier this month, the CEO of Unstoppable Domains predicted that the stablecoin market would hit $ 1 trillion by 2025, or possibly even sooner. However, he stressed that the proliferation of stablecoins could raise volatility concerns and raise further questions about regulatory uncertainty of related assets.

Similar Posts