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In a series of tweets published on 6 January, decentralized exchange protocol Balancer [BAL] informed users that an “issue” with liquidity pools on the exchange changed the protocol fees of some of its pools to zero.
Decentralized finance (DeFi) protocol Balancer has warned LPs on the protocol to withdraw their liquidity immediately due to an ongoing issue. The protocol did not specify what the issue was but added that the emergency DAO could not mitigate it.
Blue-chip DeFi protocol Balancer has issued a statement on Twitter and has warned certain pools' liquidity providers to withdraw funds. Users of five liquidity pools are advised to withdraw all of their funds ASAP. According to a statement released by Balancer Labs, the company in charge of managing the development of Balancer (BAL) DeFi.
The Balancer DeFi protocol has issued an alert on Twitter urging liquidity providers to withdraw funds from five liquidity pools containing $6.3 million.
Decentralized exchange Balancer has issued a warning to its liquidity providers, instructing them to remove their funds from five pools containing a total of $6.3 million. What seems to be a component of a broader potential exploit or a technical flaw, Balancer has been prescribing ways to eliminate it.
Blue-chip DeFi Balancer (BAL) asks liquidity providers of certain pools to withdraw liquidity as team mitigates "issue"
Key Points: On January 6, 2023, Balancer, a decentralized exchange, advised its liquidity providers to remove money from five pools containing $6.3 million in cash. Balancer looks to be attempting to mitigate a broader possible exploit or issue.
The team did not disclose what the issue is, but stated that it "cannot be mitigated by the emergency DAO."
Decentralized exchange Balancer warned its liquidity providers to withdraw funds from five pools where $6.3 million of funds are at risk. The post Balancer warns $6.3 million of funds at risk, urges LPs to remove liquidity appeared first on The Block.
BNB Chain has partnered with Fjord and Balancer to launch Liquidity Bootstrapping Pools (LBPs) on its mainnet, according to a December 19 statement. The post BNB Chain launches Liquidity Bootstrapping Pools in partnership with Fjord, Balancer appeared first on CryptoSlate.
Balancer's whale problem has ended with a peace treaty, but Humpy's attack raises key questions about crypto governance.
The partnership between Aave, a lending protocol, and Balancer, an Automatic Market Maker platform, would be the first step toward increasing the utility of Aave's stablecoin, GHO. The partnership would also help boost the liquidity for pools on Balancer.
Nikolai Mushegian, the co-founder of Balancer Labs, has drowned in Puerto Rico, and the crypto community has already begun speculating. The post Balancer Labs Co-Founder Drowns, Twitter Speculates CIA Involvement appeared first on BeInCrypto.
Aura Finance is a protocol that is built on top of the Balancer platform. Through the social aggregation of BAL deposits and Aura's native token, the protocol provides maximum incentives to Balancer liquidity providers and BAL stakers.
The price action of BAL/USD breaks the $7.000 resistance level on the 31st of August and it continued above it on the first of September.
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The landscape of decentralized finance (DeFi) could soon change. A new project called Uniglo.io introduces novel concepts that could help safeguard investments for token holders.
Balancer plummeted further in trading volume in July due to a decline in investor interest in digital assets as a result of market volatility. The post Balancer (BAL) Volume Hit 2022 Low Sinking More Than $2.7 Billion appeared first on BeInCrypto.
After a huge victory on the 12th of August which took the price of BAL/USD to $7.16545932, bulls began to lose ground to the bears.
Several decentralized applications on the Ethereum network have implemented code changes to revoke access from “sanctioned” addresses. The post DeFi protocols Aave, Uniswap, Balancer, ban users following OFAC sanctions on Tornado Cash appeared first on CryptoSlate.
Balancer (BAL) Price Prediction – August 12There have been happenings in the Balancer market as it experiences a sudden spike in evaluation against the US
The Aave DAO governance executed $1M token swaps with Balancer and according to both parties, the swap occurred in a smart contract that used the flat rate of 1 AAVE for 11.829 BAL tokens so let's read more today in our cryptocurrency news. Aave DAO governance arm executed $1M worth of tokens with $1.
According to both parties, the swap occurred via a smart contract that used a flat rate of 1 AAVE for 11.829 BAL tokens.
Aave has executed a treasury swap with Balancer to the tune of about $1 million of their respective tokens, following a unanimous vote. The post Aave DAO carries out $1 million treasury swap with Balancer appeared first on The Block.
