Beethoven X·4 days agoIntroducing the Arbitrum Liquidity Growth Program (LGP)If you are part of a protocol looking to bootstrap growth in one of the most efficient means possible on Arbitrum, or are a liquidity provider seeking to benefit from an efficient flywheel on your favorite LPs, the Balancer Liquidity Growth Program (LGP) is for you. With over $1.7 billion…Defi4 min readDefi4 min read
Beethoven X·Sep 19Built On Balancer — A New DeFi SeriesMetcalfe’s law: The value of a network is proportional to the square of the number of nodes in the network. Most don’t realize it yet, but Balancer technology embodies Metcalfe’s Law perfectly. Step one — Provide builders with a flexible and seamless smart-contract development layer to fuel AMM innovation. Step…4 min read4 min read
Balancer Ballers·Sep 18The Balancer Report: Balancer’s Multichain Present and FutureBalancer is one of the leading DeFi protocols. As the space grows and evolves, most protocols need to adapt. Balancer is built different and it’s why it always leads the way. One of the main value propositions for DeFi has been its multichain presence and interoperability. This means that the…7 min read7 min read
Juani·Sep 14Rate manipulation in Balancer Boosted Pools — technical postmortemOverview and timeline On June 23rd, Balancer Labs received a report through Immunefi from GothicShanon89238, indicating that some types of rate providers could be manipulated, with consequences for certain Balancer pools. Fortunately, we were able to fully mitigate this vulnerability, mainly by releasing a new version of the Composable Stable Pool in July…25 min read25 min read
Juani·Sep 14Rate Provider manipulation in Balancer Boosted Pools scope expandedOverview Balancer Labs received a report from GothicShanon89238, through the Immunefi platform, that some types of rate providers could be manipulated outside of pool joins or exits (e.g., through direct “donation” of main tokens), with consequences for certain Balancer pools. GothicShanon89238 was awarded a bounty of $130k USD for responsible disclosure…8 min read8 min read
Balancer Ballers·Sep 11The Balancer Report: Impermanent LossDecentralized Finance is complex. There are a lot of concepts that impact protocol users and some of them might be difficult to understand. One of these trickier concepts is Impermanent Loss. It is important to make sure that LPs understand how it works and what implications it may have on…7 min read7 min read
Beethoven X·Sep 6Balancer Integrates Chainlink Price Feeds to Help Secure Staked ETH Composable Stable PoolsWe’re excited to announce that Balancer — a leading DeFi protocol and decentralized exchange — has integrated Chainlink Price Feeds on Arbitrum mainnet. By integrating the industry-leading Web3 services platform, Balancer now has access to high-quality, tamper-proof price feeds needed to help secure pricing for multiple staked ETH tokens. Specifically…Chain Link4 min readChain Link4 min read
Balancer Ballers·Sep 4The Balancer Report: Staying Safe in Uncertain TimesDeFi is the place to be. It has lots of opportunities and it’s fully open and transparent. It can also be dangerous and that’s why it’s important to stay safe. Scammers of all sorts work night and day to try and take advantage of users looking to manage their assets. …7 min read7 min read
Balancer Ballers·Aug 28The Balancer Report: The Recent Vulnerability DisclosureLast week Balancer received a vulnerability report that meant that a number of pools were at risk. This is not something every DAO dreams of, but it’s something every DAO should be ready for. Thanks to quick internal and external coordination and LP actions, most of the funds held in…5 min read5 min read
Balancer Ballers·Aug 21The Balancer Report: Balancer MaxisThe Balancer ecosystem has a lot of stakeholders and numerous contributors pushing the Balancer vision forward. The Balancer Maxis are one of the most active ones. The group has been around for a while and its contributions range from governance vote facilitation to contributor onboarding. This week we are learning…6 min read6 min read