Balancer Weekly Report
Balancer introduced Weekly Report for the week ending May 8th, 2021: Two v2 launch AMA’s are planned, Balancer Labs offers incentive program for IDO token sales, Two governance votes are live this weekend & more.
TVL continued marching higher to a fresh all time high of $3.28B. LP’s collected $2.34M in fees on $812M of volume marking the third straight week of earnings above $2M.
🔹Balancer v2 Launch AMA’s
Two AMA’s are planned around the v2 launch:
- Tuesday, May 11th at 7pm UTC on Twitter Spaces https://twitter.com/BalancerLabs featuring Balancer Labs CEO Fernando, Coopahtroopa from FireEyes DAO, Ash Egan from Accomplice, Chris Burniske from Placeholder, and Stefan George from Gnosis.
- Monday, May 17th at 5pm UTC held in the Balancer discord featuring CEO Fernando and Community Manager Marta using this link: https://discord.gg/uZYjHckr
🔹Ecosystem
- CowSwap got sandwiched!
- Balancer Labs launches incentive program for IDO token sales
- Pendle’s LBP analysis
- PrimeDAO launches the first-ever DAO2DAO pool with BAL and PRIME.
- Balancer Labs matches Lido’s bounty with 130 BAL for creation of a new AMM to handle stETH/ETH effectively
🔹Governance
Two votes are live this weekend – add liquidity to BAL call options on UMA and BAL for Gas on Balancer v2.
What is Balancer?
Balancer protocol is a non-custodial portfolio manager, liquidity provider, and price sensor.
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