The recently launched Balancer V3 is being extended to its latest blockchain deployment, Avalanche. The team says the deployment of Balancer V3 will enable "instant integration with Avalanche native lending protocols such as Aave and BENQI", which in turn will improve the earnings of Balancer liquidity providers and increase overall protocol liquidity. "TVL, Avalanche's native DeFi ecosystem, has grown nearly 2x in the last 7 months, driven by increased AMM and lending protocol liquidity."
It is reported that the integration with Avalanche is expected to be completed by the end of March 2025. It will be deployed on Avalanche's C chain or contract chain and is designed to support smart contracts and applications.
Balancer V3 to expand to Avalanche after governance vote
2025-03-10 19:55:06
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