Hassan Maishera
On Thursday, Aave Labs announced via X that Balancer is live with Aave Boosted Pools, which routes liquidity to Aave markets to optimize yield for liquidity providers. With Balancer V3, developers now have the freedom to focus on pushing the boundaries of AMM innovation while relying on Balancer’s robust tech stack to reduce engineering complexity drastically.
In addition to custom pools, Balancer v3 introduces a hooks framework that allows developers to easily extend tried and trusted pool invariants, unlocking a brand-new design space for developers. With v3, AMM developers can now utilize a tech stack that automates mundane, low-level development tasks, enabling them to focus exclusively on invariant innovation.
Aave protocol is a decentralized, open-source, and non-custodial money market protocol. Depositors earn interest by providing liquidity to lending pools, while borrowers can obtain overcollateralized loans by using the liquidity from these pools. AAVE is trading at $377.85 per token, up 6% in the last 24 hours.
Balancer is an automated market maker, decentralized exchange and liquidity pool protocol built on Ethereum that allows users to provide liquidity for multiple assets simultaneously. BAL is down 5% and now trades at $3.619 per coin.
