Blockchain
By Dan Saada
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Balancer (BAL) V2 Features
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Balancer V2 is to make AMMs Simple, Gas efficient, Capital efficient and Flexible. For clarity, AMMs refer to Automated Market Making.
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V2 is expected to launch in March. Those who are interested in building on V2 are encouraged to join their launch partner program for early access to the repo and docs.
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The launch is considered to be a step towards Balancer’s vision to become a flexible, efficient source of DeFi liquidity.
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Also, a big UI update is coming with V2. There will be a migration UI to assist LPs in migrating their exact V1 pools to V2 pools or consolidating some liquidity in similar…
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Fernando Martinelli, Co-Founder and CEO Balancer Labs stated, another great day in Balancer's history!
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V2 features a single vault that holds and manages all assets added to Balancer pools. AMM logic is separate from the token management and accounting, allowing for deeper…
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While trades can use multiple pools, only final net token amounts are transferred thus saving a significant amount of gas.
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V2 allows every pool to have a custom AMM strategy including: Weighted pools for constant weight, index funds, stable pools for soft-pegged tokens, h/t Curve Finance and smart…
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Asset Managers are trusted external smart contracts that can utilize the underlying tokens a pool has deposited in the Protocol Vault.
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V2 will include oracles that are resistant to sandwich attacks (h/t @ Uniswap) and offer two types of prices that can be queried with low gas costs.
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V2 implements the option for protocol fees controlled by BAL governance on: Trades, Vault withdrawals, Flash Loans Trade and withdrawal fees are off at inception while Flash Loan…
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