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Author Topic: Balancer Is Coming to Polkadot via Moonbeam.  (Read 472 times)

Malam90

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Balancer Is Coming to Polkadot via Moonbeam.
« on: March 10, 2021, 02:27:07 AM »
Moonbeam will bring Balancer to Polkadot with help from Parity.
Moonbeam, an Ethereum-compatible smart contract parachain, announced it would connect the Balancer protocol with the Polkadot ecosystem.

Moonbeam Bridges Balancer, Polkadot
The integration with Balancer will add value to the growing DeFi ecosystem to Polkadot. 

“[Balancer] provides useful DeFi services for investors looking to create investment portfolios consisting of Polkadot-native assets and who are looking for yield on those portfolios,” Moonbeam wrote in a blog.

Balancer protocol powers one of the top DEXes on Ethereum and has more than $1.5 billion total value locked (TVL) across its multi-asset pools for traders to swap ERC-20 tokens.

For its compatibility with Ethereum Virtual Machine (EVM), Moonbeam has become the gateway for Ethereum-based projects to be deployed on Polkadot.

Besides Balancer, the project is also working with other DeFi protocols such as SushiSwap, IDEX, and Linear Finance.

The team has provided grants for developers interested in maintaining and providing liquidity to the Balancer protocol on Moonbeam.

As a development grant, Balancer Labs will provide $10,000 worth of Balancer (BAL) tokens, and Moonbeam will offer 10,000 native Glimmer (GLMR) tokens (equal to 0.10% of genesis supply)

The announcement also revealed that Parity, the central development team behind Polkadot, would lead Balancer’s initial porting with Moonbeam’s support. Source Link

Altcoins Talks - Cryptocurrency Forum

Balancer Is Coming to Polkadot via Moonbeam.
« on: March 10, 2021, 02:27:07 AM »



Altcoins Talks - Cryptocurrency Forum

Re: Balancer Is Coming to Polkadot via Moonbeam.
« Reply #1 on: April 10, 2021, 05:23:16 PM »
:)

IyemRoker

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Re: Balancer Is Coming to Polkadot via Moonbeam.
« Reply #2 on: April 11, 2021, 06:19:18 AM »
I am sure that this Moonbean will continue to be used by Polkadot so that it can be a means of crossing the Balancer to be able to switch to various Blockchains.
If you see and read this main thread then Moonbean helps Balancer very much to be able to provide a bridge to Polkadot and I hope that Moonbeam can be used for Chainlink, Waves, BNB and erc20 to interact with each other.

masudginanjar

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Re: Balancer Is Coming to Polkadot via Moonbeam.
« Reply #3 on: May 09, 2021, 02:10:05 PM »
It looks like this Balancer is very smart in looking for opportunities to be on the Polkadot blockchain path, because the Polkadot coin is a coin that is included in the top 10 Coinmarketcap list.
Balancer is looking for something very good and of course Balancer will also be the best for the future development if working with Polkadot.


jonathancool220

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Re: Balancer Is Coming to Polkadot via Moonbeam.
« Reply #5 on: July 20, 2021, 03:11:33 AM »
It means that in this thread Moonbeam is the best choice because I believe this Moonbeam has a very perfect level of development in cryptocurrency, according to my analysis it is like that for Moonbeam.
Polkadot and Balancer are invited to work together by Moonbeam and it is certain that Balancer and Moonbeam benefit because Polkadot is a coin that is above their rank.
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