Cryptocurrency News

Balancer launches on Ethereum L2 network Optimism

2022.06.02 21:36

Balancer launches on Ethereum L2 network Optimism
Balancer launches on Ethereum L2 network Optimism

Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.

Balancer’s Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, both teams are said to have developed a decentralized exchange that is set to compete in the Optimism ecosystem.

Source

Related Articles

Leave a Reply

Back to top button