The Balancer Report
For the week ending November 6th, 2021
Overview
This was one of the stronger weeks for Balancer in recent memory. Mainnet v2 TVL climbed to a new record high of $1.83B from $1.7B last week. Polygon recovered to $191M from $179M. Arbitrum doesn’t stop either, now at $121M from $114M last week.
Not much to comment on for Daily LP Revenues. Still in the same range they’ve been in for the last few months.
No changes are planned for liquidity mining next week. Keep on keepin on.
Ecosystem
Balancer Grants Wave 1 Final Report has been published
Balancer Grants Wave 2 has officially started
Merit Circle raises $100M in their LBP
Gauntlet pushes another round of fee updates
Kia from Balancer Labs publishes his bi-weekly community update
Read how Balancer doubled LP revenue using Gauntlet
New to Balancer? Check out this great primer on the protocol
Governance
Voting is live to appoint Reptile Presidente (Baller) as spokesperson for the DAO