A new Masq version is out, here's all what you need to know about it.
03 Mar 2023, 01:02
A new Masq version is out, here’s all what you need to know about it 👀🔥
Same news in other sources
103 Mar 2023, 22:53
Thanks you to all community who provided opinion in the sentiment check polls about LP pool options!
Overall, 47% of voters choosing an LP option picked a Balancer type pool which does show a strong conviction in moving towards a non-traditional 50:50 Liquidity Provisioning like quickswap/uniswap v2
Our team is further exploring how this may look, but in meantime the team has already deployed a small LP expansion into a 70/15/15 MASQ/WMATIC/USDC balancer pool on polygon.
You can check it out here:
Overall, the general benefits of using Balancer pools are well known in the liquidity space, and here are some of the major beneficial aspects to be aware of in terms of $MASQ:
- multi asset Balancer pools can provide dramatically more swap routes to $MASQ, which increases swap fees generated to the LP providers
- multi asset Balancer pools can offer less slippage for users when they perform swaps due to more direct routes to $MASQ (a relatively smaller cap project), as swaps are directed to the pools through less conversion steps.
- allows liquidity providing users to hold significantly more MASQ tokens if they add to the pool
- reduces potential IL as the MASQ assets fluctuate against other markets
- gives users more options for Balancer protocol benefits such as future gauge bribes, exposure to bb-am-USD Aave liquidity depth through Aave and Curve
And more!
Here are two articles which can help explain more information on this - we encourage you all to do your research as many users finish their Crucible subscriptions!
**None of this constitutes financial advice, as these protocols are permissionless and users will use at their own risk under the terms and conditions of Balancer, Quickswap and other platforms.
Do your own research!**
Thanks you to all community who provided opinion in the sentiment check polls about LP pool options.
Thanks you to all community who provided opinion in the sentiment check polls about LP pool options!
Overall, 47% of voters choosing an LP option picked a Balancer type pool which does show a strong conviction in moving towards a non-traditional 50:50 Liquidity Provisioning like quickswap/uniswap v2
Our team is further exploring how this may look, but in meantime the team has already deployed a small LP expansion into a 70/15/15 MASQ/WMATIC/USDC balancer pool on polygon.
You can check it out here:
https://app.balancer.fi/polygon/pool/0x241df159b03a90455edee61625655fc0ea5fa3dd0002000000000000000003fc#/polygon/pool/0x625bfdd5052c27c45c8482efb26990af66aea94a000100000000000000000a90
Overall, the general benefits of using Balancer pools are well known in the liquidity space, and here are some of the major beneficial aspects to be aware of in terms of $MASQ:
- multi asset Balancer pools can provide dramatically more swap routes to $MASQ, which increases swap fees generated to the LP providers
- multi asset Balancer pools can offer less slippage for users when they perform swaps due to more direct routes to $MASQ (a relatively smaller cap project), as swaps are directed to the pools through less conversion steps.
- allows liquidity providing users to hold significantly more MASQ tokens if they add to the pool
- reduces potential IL as the MASQ assets fluctuate against other markets
- gives users more options for Balancer protocol benefits such as future gauge bribes, exposure to bb-am-USD Aave liquidity depth through Aave and Curve
And more!
Here are two articles which can help explain more information on this - we encourage you all to do your research as many users finish their Crucible subscriptions!
**None of this constitutes financial advice, as these protocols are permissionless and users will use at their own risk under the terms and conditions of Balancer, Quickswap and other platforms.
Do your own research!**
https://medium.com/balancer-protocol/the-benefits-of-multi-token-pools-653eea3ef03a
https://medium.com/balancer-protocol/80-20-balancer-pools-ad7fed816c8d