Balancer is Live ๐ŸŽ‰

Balancer is officially live on mainnet! After publishing the whitepaper in September, we have been heads down building the contracts, interfaces, libraries, and more the past 6 months. The contracts were officially deployed in February however we spent the last few weeks running our bug bounty program along with a closed beta to gather feedback from early community members.

Below is a quick walk through on all of the components that make up the development of Balancer.

  • Pool Management Dapp: https://pools.balancer.exchange
    This interface is for users to add/remove liquidity to existing finalized pools and eventually create and interact with both private and smart pools.
  • Exchange Proxy: https://github.com/balancer-labs/exchange-proxy
    The exchange proxy is a very simple forwarding proxy that atomically executes all swaps provided from the SOR in a single transaction.
  • Documentation: The docs can be found at https://docs.balancer.finance and accept contributions at https://github.com/balancer-labs/docs. Thereโ€™s a lot we will be adding in the next several weeks!
  • Subgraph: https://thegraph.com/explorer/subgraph/balancer-labs/balancer
    We utilize the graph protocol to index our contracts and make specific queries faster for the data layers of our applications.
  • Analytics: Balancer contracts are indexed and queryable through Dune Analytics. We also plan to work with the Blocklytics and Defi Pulse teams to add additional metrics around returns, growth, and more.
  • Dex aggregators: 1inch is sourcing liquidity from Balancer at launch. Balancer is already a top recommendation on 1inch for two-sided pricing on many popular trading pairs. And thatโ€™s on very small amounts of test liquidity so far! We are also working with Dex.ag, 0x API, Totle, and others to include Balancer liquidity throughout the dex space.
  • Smart Pools: Although code is not ready to open-source for smart pools we have several templates in the works for pools such as: liquidity bootstrapping pools, rolling synthetic pools, zero impermanent-loss stablecoin pools, dynamic swap fee pools, and more! These templates will allow anyone to tweak specific parameters and deploy a smart pool optimized for their specific use case.

If any of the above code sound interesting to work on, weโ€™re hiring! There are several engineering positions we will look to fill over the next 6 months, with a focus on a lead front-end developer for the first hire. Please reach out at [email protected]

2 Comments

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