Full credit for this BasePool deep dive goes to Beethoven X member 0xSkly. Balancer’s strength comes from its ecosystem and those using/ building upon the Balancer technology. Now that we have talked about pool permissions and the new recovery mode, it’s time to actually start talking about the real deal…

Full credit for this detailed article goes to Beethoven X member 0xSkly. Many thanks for comprehensively showcasing the extent of Balancer’s codebase and technology. Fine grained authorization mechanisms are key when protecting a complex protocol like Balancer. …

Staking incentivizes users to maintain the integrity of the network they are participating in. Below we walk through the staking process and its benefits to Balancer. — Consensus Mechanisms — A Brief Overview Blockchain technology is the foundation upon which all cryptocurrency is built. They operate as a ledger — storing transaction data on an open-source and decentralized database. The decentralized nature of this storage model makes the blockchain secure but also requires a mechanism to ensure all network participants are in sync…

Bug Bounties — Another Key Step to Strengthen the Security of the Balancer Protocol — Security has always been the top priority at Balancer. The team is committed to safer DeFi, and all reported potential vulnerabilities are investigated thoroughly. The Balancer bug bounty program is among the largest in DeFi, with maximum payouts of 1000 ETH. TL;DR: Two potentially exploitable scenarios have been identified by…

Balancer Protocol Launches on Optimism in Collaboration with Beethoven X — We are thrilled to announce that Balancer has launched on leading Layer 2 rollup network Optimism with the help of our frens at Beethoven X. Ethereum’s scaling challenges have led to prohibitive gas fees that increasingly exclude people from using the network to access decentralized finance (DeFi) applications. …

It’s been one year since Balancer V2 launched. Let’s celebrate the accomplishments and look forward to what’s to come. — On May 11, 2021, Balancer released V2 of its Automated Market Maker. The upgrade, which was in development for over a year, introduced a generalized Protocol for AMMs operating within DeFi. …

The Balancer team attended Paris Blockchain Week Summit and DevConnect in Amsterdam, let’s take a look back at what went down. — In April 2022, Balancer Labs and the Balancer DAO traveled to Paris and Amsterdam for the Paris Blockchain Week Summit and the inaugural DevConnect and ETHAmsterdam. Paris Blockchain Week hosted over 3,000 attendees attending talks around traceability, leveraging blockchain innovation, digital governance, and much more. In Amsterdam, the first-ever DevConnect…

The veModel is the holy grail of tokenomics, aligning user incentives and focusing on long-term Protocol performance. — Liquidity mining brought rise to DeFi Summer and revolutionized how projects incentivize participation and governance. The distribution of governance tokens to users changed how we look at financial infrastructure. Traditional liquidity mining has been criticized as encouraging mercenary capital that flees the moment rewards dry up. …

The flexibility of Balancer Protocol’s SOR ensures any custom Pool built on Balancer can benefit from all Balancer liquidity. — Balancer is a generalized Automated Market Maker (AMM) with a single Vault architecture at its core. Balancer V2’s Vault separates the token accounting and management from the Pool logic. The Vault is a single contract that holds and manages all assets added by all Balancer Pools. …