Balancer V3 to Expand to Avalanche Following Governance Vote
03-10 22:18
<p>Odaily News The recently launched Balancer V3 is expanding to its latest blockchain deployment, Avalanche. The team said that the deployment of Balancer V3 will enable &quot;instant integration with Avalanche native lending protocols such as Aave and BENQI&quot;, which in turn will improve the returns of Balancer liquidity providers and increase overall protocol liquidity. &quot;Avalanche&#39;s native DeFi ecosystem TVL has grown nearly 2x in the past 7 months, driven by increased liquidity in AMMs and lending protocols.&quot; It is reported that the integration with Avalanche is expected to be completed by the end of March 2025. It will be deployed on Avalanche&#39;s C-chain, or contract chain, and is designed to support smart contracts and applications.</p>
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