- Defi Liquidity platform, Balancer joined hands with Gauntlet
- Moreover, Gauntlet enables all Balancer V2 providers to enjoy maximum returns with the availability of dynamic-fee AMM pools.
Defi Liquidity platform, Balancer joined hands with Gauntlet, a platform specifically designed for blockchain financial models. As a result, Gauntlet enables all Balancer V2 providers to enjoy maximum returns with the availability of dynamic-fee AMM pools. Best of all, all funds will remain under non-custodial, a technology that only allows its users to access the funds.
Gauntlet technology is a network that provides all blockchain users with the highest form of security. With this, all the users of Balancer V2 can expect overall technology optimizations and techniques especially in trading fees. Furthermore, Balancer V2 network might also launch Gauntlet-powered tools in the future that would surely benefit its users.
This made the CEO of Balancer, Fernando Martinelli react, he said:
It’s a privilege for Balancer Protocol and its liquidity providers to be able to tap on the galaxy brains of the Gauntlet team to maximize pool returns. The idea of dynamic-fee pools has been top of mind for Balancer for a long time.
Fernando also added that Balancer always looks forward to the technology of dynamic-fee pools. “I believe fixed-fee pools won’t be able to compete with dynamic-fee pools just like taxis can’t compete with ride-sharing apps. It is better for all stakeholders for fees to constantly adapt to the market conditions, he said.”
In the crypto world, pool liquidity is one of the most talked topics. As a result, the better liquidity pools always gain the attention of the investors. In the case of Balancer V2, Gauntlet and Balancer V2 team would help each other to provide optimal trading fees from time to time. Indeed, this is a great news that all the Balancer V2 users would enjoy.
John Morrow, the COO of Gauntlet, further added:
Balancer’s vision for their v2 pools is perfectly suited for our simulation platform. Dynamic fees allow Balancer to leverage our off-chain automation to improve on-chain LP returns. We’re looking forward to launch, but we’re even more excited for what comes after – our optimization platform gets smarter as we incorporate more live data.
Moreover, Gauntlet and Balancer seem to have a good start to their partnership. In fact, Gauntlet has already built an optimization model to enable traders to have a real-time fee in using the Balancer V2 pools.