Balancer (BAL) is a cryptocurrency and operates on the Ethereum platform. Balancer has a current supply of 67,053,130.36140958 with 61,927,329.14786084 in circulation. The last known price of Balancer is 1.84332167 USD and is down -0.07 over the last 24 hours. It is currently trading on 684 active market(s) with $10,635,306.19 traded over the last 24 hours. More information can be found at https://balancer.fi/.
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Balancer claims that this new development will allow for more effective utilization of the funds in these pools on Arbitrum as part of its version 3 (v3) launch, automatizing their management to maximize yield. The new version also includes more optimizations.
Balancer's version three (v3) launch introduces innovations like Boosted Pools, a Hooks Framework, and a strategic partnership with Aave, aiming to enhance liquidity optimization, security, and developer tools in the decentralized finance ecosystem.