Protocol/Project Name:
- Balancer
Protocol Overview:
Balancer is a decentralized automated market maker (AMM) protocol that represents a flexible building block for programmable liquidity. By separating the AMM curve logic and math from the core swapping functionality, Balancer becomes an extensible AMM that can incorporate any number of swap curves and pool types.
MS Receiver Address:
0x9ff471F9f98F42E5151C7855fD1b5aa906b1AF7e
Distribution Confirmation:
We confirm that we will use Merkl to distribute the incentives received
Incentive Impact Statement:
Balancer will use the incentives from Season 3 to reward LPs for depositing liquidity into Balancer pools on Mode. In order to drive high-impact engagement and growth, Balancer will prioritize distributing the incentives across yield-bearing assets, core Mode-ecosystem liquidity pairs for trading routes, and kickstarting incentives on new strategic pools. The DAO will also carve out a portion of its incentives to match incentives that partners distribute to Balancer pools.
Eligibility Criteria:
Additional Information
Roadmap
Balancer will be releasing its v3 on L2s in early 2025 (mainnet expected late 2024). For more, please see this medium article and github repo.
For devs interested in building on top of Balancer v3 (hooks, etc.), please reach out.
Partnerships:
Balancer has multiple existing partners with strategic and ibAssets on Mode and will be looking to potentially bring Gyroscope to enable ECLPs on Mode as well.
Contact Information
lipman@balancer.community