Balancer今年将发布Balancer V3 看懂Balancer现状

币圈资讯 阅读:32 2024-04-22 09:55:35 评论:0
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作者:Jake Pahor,加密研究员;翻译:比特币买卖交易网xiaozou

Aave、Gyroscope和Beethoven X有着这样的共同之处:它们都基于强大的Balancer技术栈。而随着即将到来的V3的发布,Balancer即将带来真正改变游戏规则的升级。

本文是2024年2月份Balancer最新研究报告,包括如下内容:1、概述,2、用例,3、采用,4、收益,5、代币经济学,6、金库,7、治理,8、团队&投资方,9、竞争对手,10、风险&审计,11、结论。

CdzrGPNCEoqWcvEo5jfpzFp4hTFEmF4TVlJtns4f.png

Balancer核心上是一个去中心化AMM协议。然而,当你进行深入研究时,就会发现其团队正在构建一个强大的技术栈,作为流动性中心,用于:

· 正在开发的新的AMMs/DEXs

· 收益型资产

· DAO治理

tyjzYn3vAhrwP8Bf6ttndNtbf8gWATEQeSxnl2hy.png

Balancer不仅是一个前瞻性的DEX,还是一个培育未来DeFi创新的基础技术。

其独特的架构简化了向市场推出独特金融技术的流程。

例如Aave、Beethoven X、Radiant和Fjord。

bGi50KPQ3hJvNDiIIqJRHUQv3E5K13YTDczcIW1a.png

Balancer V3预计将于今年发布(2024年第二季度),这是我最期待的。

V3承诺以V2的创新为基础,推动Balancer发展成为:

· DeFi收益中心

· 创新AMM部署的launchpad发布平台

D38CvEwjEuTn8kDPYT8OSXHa7KQNWaGS3VZrs88J.png

Balancer TVL目前为9.15亿美元。在所有DeFi协议中排名第23位,在其他DEX协议中排第4。

尽管仍比2011年11月的33.1亿美元低72%,但自22年7月以来,Balancer TVL一直呈缓慢上升趋势。形成了坚实基础。

CqlBg3LF3U2EhY9IhiEfiQpRQf23laOW9FqIEjI2.png

在过去的30天里,Balancer:

· 产生了150万美元费用

· 创造了64.9万美元收益

根据Defillama的数据显示,Balancer在所有DeFi协议中整体排名第35位,在DEX中排名第6位。

截至2023年8月,该协议对非豁免池收取50%的swap交换费用和50%的包装代币收益费用。

401wZWvmYlHfcfWNPP2tx6iPnUXqt9ELDiYTVqgS.png

该生态系统中主要有两种代币:

· BAL -- 治理代币

· veBAL -- 时间锁定BAL(80:20)

Balancer提出的ve8020提案是一种创新方式,可以解决DAO治理代币经济学面对的某些单边质押问题(例如Curve)。

让我们具体来看一些关键区别:

· 用户通过锁定80/20的BAL/WETH Balancer池代币而不是单纯锁定BAL来获得veBAL。即使大部分BAL代币被锁定,也能确保深度流动性。

· 最长锁定期为1年,比veCRV的4年锁定期短。

ot3llBsCP6dipsbv5xsgTHTxBj9R8iO0E0kYi0GI.png

当前供应数据如下:

· 流通供应量:5478万枚

· 最大供应量:9615万枚

· 市值:1.95亿美元

· FDV:3.42亿美元

· 市值/FDV:57%

s9NLb5CfIPcyo7aIP7y2WKcANT7I0645cqaY7GIm.png

Balancer金库现值2377万美元。包括:

· 价值1,959万美元的BAL

· 价值236万美元的其他代币(ARB、AETHBAL)

· 价值143万美元的稳定币

· 价值39万美元的BTC和ETH

这些资金目前由DAO多签钱包持有。

uBYzbGBSmH8YrdwFrncmmVNZryyI8dobliqGXeFL.png

Balancer已部署一个可靠的去中心化治理流程,该流程已经运行了相当长的一段时间。

此外,他们还发布了ve8020提案,旨在显着增强传统DAO治理的代币经济学。

7SnqktXTs9Zt80rQR8Wt9DiYLyHAjhWNmK3eCKZm.png

Balancer由Fernando Martinelli和Mike McDonald于2018年创立。

自成立以来,Balancer已经成功筹资3925万美元。

投资方为Pantera Capital、Blockchain Capital、CoinFund、Fenbushi Capital和Arbitrum Foundation等著名机构。

rUa9ptc7Y2Ik4YXvSZ4odtPz0Q4bnOPv4bVxFwMH.png

Balancer是一个突出的DEX,其竞对平台有Uniswap、Curve、PancakeSwap、Sushi和Thorchain。

然而,Balancer将自己定位为新项目的最佳AMM和技术栈,可支持快速扩展和建设。

ankun6mF2bsokTzfOtV8orL0iM4h95ybLnoLKFcZ.png

2023年,Balancer经历了两次重大漏洞攻击。其中一个攻击了V2池,而另一个则是针对前端的攻击。

值得注意的是,Balancer经过多轮审计,维护着一个高额的bug赏金计划(最高奖励为100万美元)。

dAY0AfWmWDh1aiKRQnqR3Fy05lkDhDo6MQmjVuu5.png

Balancer行事低调,其团队一直在不停开发有用的创新产品。

即将到来的催化剂有:

· Balancer V3升级

· LSTs和收益型稳定币的增长

· 治理代币经济学 -- ve8020池

总加权得分为 8.55分。


The author encrypts the researcher's translation of Bitcoin trading network and have such similarities. They are all based on the powerful technology stack, and with the upcoming release, it will bring about an upgrade that really changes the rules of the game. This paper is the latest research report in April, including the following contents: an overview of the use case, the use of income tokens, the financial vault, the governance of the team, the risk audit conclusion of investors and competitors, and the core is a decentralized agreement. However, when you conduct in-depth research, you will find that its team is building a strong. As a liquidity center, technology stack is not only forward-looking but also a basic technology to cultivate future innovation. Its unique structure simplifies the process of introducing unique financial technology to the market, for example, and it is expected to be released in the second quarter of this year. This is my most anticipated commitment to promote the development of a revenue center based on innovation. At present, it ranks first among all agreements and the first among other agreements. Although it is still lower than the US$ billion in June, it has been on a slow upward trend since June, forming a solid foundation. In the past days, it has generated a cost of US$ million and created a profit of US$ million. According to the data, it ranks first in all the agreements as a whole, and ranks first in the middle. As of June, the exchange fee charged by the agreement for non-exempt pools and the income fee for packaging tokens are mainly two kinds of tokens in this ecosystem. The proposal put forward to control the token time locking is an innovative way to solve the token economy. For example, let's take a concrete look at some key differences. Users can obtain deep liquidity by locking pool tokens instead of simply locking them. Even if most tokens are locked, the longest locking period is shorter than the annual locking period. The current supply data are as follows: the circulation supply of 10,000 pieces, the maximum supply of 10,000 pieces, the market value of 10,000 pieces, the market value of 100 million dollars, the present value of the treasury of 10,000 dollars, including other tokens worth 10,000 dollars, and the value of stable coins worth 10,000 dollars. At present, these funds are held by multi-signature wallets, and a reliable decentralized governance process has been deployed. This process has been running for quite a long time. In addition, they also issued a proposal to significantly enhance the traditional governance of token economics. Since its establishment in, Yuhe has successfully raised US$ 10,000, and other well-known institutions are prominent in its competitive platform. However, it has positioned itself as the best for new projects and technology stack can support rapid expansion and construction. It has experienced two heavy experiences in. A big loophole attack, one of which attacked the pool, and the other was an attack on the front end. It is worth noting that after several rounds of audits, a high reward plan was maintained. The highest reward was $10,000, and the team kept a low profile. Its team has been developing useful innovative products. The upcoming catalysts include upgrading and the growth of income-based stable coins. The total weighted score of token economics pool is points. 比特币今日价格行情网_okx交易所app_永续合约_比特币怎么买卖交易_虚拟币交易所平台

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