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Balancer (BAL) DeFi Partners with Gauntlet Simulation Platform Ahead of V2 Release

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Tue, 23/03/2021 - 13:00
Balancer (BAL) DeFi Partners with Gauntlet Simulation Platform Ahead of V2 Release
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Balancer (BAL), one of the flagship AMM products of the ongoing DeFi euphoria, has announced a technology partnership with Gauntlet, a leading vendor of decentralized infrastructure solutions.

Gauntlet implements simulation model for stress tests of Balancer (BAL)

According to a press release shared with U.Today, Balancer (BAL) has entered a strategic partnership with Gauntlet. Within the framework of the new collaboration, Gauntlet will implement a simulation mechanism that underpins the financial models of blockchain networks with consulting and stress tests tools.

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Image by Balancer

Balancer V2 release, therefore, will include numerous dynamic-fee "Gauntlet-powered" pools that will support the latest optimization upgrade. Also, its fee structure and speed parameters will be reconsidered.

As a result, the DeFi experience with 'Gauntlet-powered' solutions will be more profitable for developers, liquidity providers and "yield farmers."

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Both teams ensure that the codebase behind the new upgrade will be secure and Balancer V2, with Gauntlet instruments on-board, will be a safe and viable system.

Balancer V2: new structure, new design

Balancer CEO Fernando Martinelli stressed the paramount importance that dynamic-fee pools will have for the progress of the DeFi segment:

It's a privilege for Balancer Protocol and its liquidity providers to be able to tap on the galaxy brains of the Gauntlet team to maximize pool returns. The idea of dynamic-fee pools has been top of mind for Balancer for a long time. I believe fixed-fee pools won't be able to compete with dynamic-fee pools just like taxis can't compete with ride-sharing apps.

In particular, the dynamic-fee manner of operations will be attractive for high-frequency traders since the shared vault design enables internal token balances.

Also, the structural design (all assets in a single vault) will be the most interesting change for traders and arbitrageurs: they are allowed to save on fees and create their own pools with no extra fees.

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