Balancer’s new MetaStable pool aims to facilitate the exchange of packaged assets

AMM DeFi Protocol Balancer Announce On Monday, it launched the MetaStable Pool incentive program in cooperation with Lido, the DAO-based staking platform.

The MetaStable pool is a liquidity pool specifically designed to handle highly correlated (but not hard-linked) tokens, such as packaging assets. Users will be able to create swaps between the MetaStable pool and assets integrated with other liquidity pools, while benefiting from cheaper swap prices and eliminating the need for specific stable pools for individual swaps. According to the press release, they will also prevent diluting the liquidity of the existing pool of funds and increase the maximum trading volume.

The first mining pool list stETH/wstETH aims to provide liquidity for mortgagers on the Ethereum network. The pool will be sponsored by LDO and BAL rewards, with 2500 BAL allocated per week and an additional 25,000 LIDO per week for the first month. The first distribution will take place through the Balancer claims portal on August 24.

Back in July, Balancer Introduce a stable pool Compared with other pools on the platform, the spread is smaller and the slippage is lower. This update makes Balancer the only automatic market maker or AMM with 3 different types of liquidity pools; weighted, elemental and stable.

Earlier this month, the CEO of Unstoppable Domains predicted that Stablecoin market It will reach 1T USD by 2025-maybe even earlier. However, he did emphasize that the proliferation of stablecoins may cause volatility concerns and lead to further doubts about the uncertainty of the supervision of linked assets.