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02 March 2021

Aave and Balancer announce hybrid AMM liquidity pool & lending product

Aave and Balancer announce hybrid AMM liquidity pool & lending product


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Aave and Balancer announce hybrid AMM liquidity pool & lending product.

In the latest feat of decentralized finance (DeFi) money lego magic, lending platform Aave and automated market maker (AMM) Balancer have teamed up on a hybrid liquidity-and-lending feature that may significantly fatten depositor yields.

Unused tokens in the Balancer liquidity pool will be lent on Aave to earn additional yield, with the automated Asset Manager facilitating the transfer of funds between protocols.

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cointelegraph.com
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