Balancer V3 to Expand to Avalanche Following Governance Vote

Odaily News The recently launched Balancer V3 is expanding to its latest blockchain deployment, Avalanche. The team said that the deployment of Balancer V3 will enable "instant integration with Avalanche native lending protocols such as Aave and BENQI", which in turn will improve the returns of Balancer liquidity providers and increase overall protocol liquidity. "Avalanche's native DeFi ecosystem TVL has grown nearly 2x in the past 7 months, driven by increased liquidity in AMMs and lending protocols." It is reported that the integration with Avalanche is expected to be completed by the end of March 2025. It will be deployed on Avalanche's C-chain, or contract chain, and is designed to support smart contracts and applications.