Balancer, a popular automated market maker, has today announced a strategic partnership with WSBDApp, the blockchain-based trading platform created by the WallStreetBets subreddit original founders.
The collaboration will see WSBDApp’s decentralized exchange-traded portfolios (ETPs) launched on Balancer V2 to “further expand the possibilities of DeFi and increase crypto exposure to crypto-native and traditional investors alike.”
DeFi is a suite of decentralized financial applications that aim to replace traditional investing by facilitating intermediary-free lending, borrowing, and trading.
Balancer was initially built on Ethereum and represents a self-balancing weighted portfolio protocol that allows anyone to create or add crypto liquidity to customizable pools and earn trading fees. This design lends itself to the ETP metaphor.
Earlier this year Balancer also integrated with the Algorand blockchain, as well as with the recently-launched Ethereum scaling solution Arbitrum.
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Źródło: https://decrypt.co/80448/defi-protocol-balancer-integrates-wallstreetbets-crypto-app
