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Balancer Launches Aave Boosted Pools to Increase LP Yields
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Disclaimer: The text below is a press release that was not written by Cryptonews.com.
New York, New York, 15th December, 2021,
Balancer Labs announced today the official launch of Boosted Pools. Boosted Pools aim to solve for decreased capital efficiency with yields on tokens deposited into Automated Market Maker Pools. The first iteration of this groundbreaking product will be with Balancer’s close collaborator, lending protocol Aave.
“The collaboration with Aave as the first iteration of the Boosted Pools launch is a natural fit and solidifies their place in the Balancer ecosystem. There are various levels of Boosted Pool innovations that lead to concrete results, deeper liquidity, more efficient integrations for liquidity, and higher
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