Introducing: Balancer Vaults

This post was originally published on Harvest

The details of our Balancer vaults

Dear Farmers!

We are thrilled to reveal the fruits of our collaboration with Balancer.

Starting today, we’re launching five new vaults that leverage the following Balancer pools:

  • WBTC:WETH
  • BAL:WETH
  • WETH:DAI
  • USDC:WETH
  • WETH:USDT

The details of Balancer Vaults:

  • Earning trading fees
  • Auto-harvesting $BAL rewards
  • Earning $iFARM for staking

Balancer Vaults behind the curtains:

biswap
  1. Receive weekly $BAL rewards
  2. Convert these $BAL rewards into more BLP* Tokens
  3. Repeat

*BLP — Balancer Liquidity Pool token — represents your share of the pool.

What to expect from participating in Balancer Vaults:

  • You will earn $iFARM tokens
  • Watch your deposited balance grow in value

I am really excited about the Harvest integration of Balancer V2. Harvest has done a great job at being a one-stop-shop for liquidity providers across most of DeFi asset allocation opportunities. — Fernando, Balancer Founder

Start your tractors 🚜 at harvest.finance and earn yield on your crypto assets!

What is Balancer?

Balancer is an automated portfolio manager, liquidity provider, and price sensor.

Balancer turns the concept of an index fund on its head: instead of a paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities.

Balancer V2 brings powerful new features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom AMMs.

Connect with Balancer: Website — Twitter — Discord

What is Harvest Finance?

Harvest is an asset management platform that maximizes yield for assets deposited by users. Harvest reduces gas costs and develops cutting-edge strategies to become the stop-shop of yield farming in DeFi.

Connect with Harvest: Website — Twitter — Discord

This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information may be accurate. Consult a financial professional before making any financial decisions.


Introducing: Balancer Vaults was originally published in Harvest Finance on Medium, where people are continuing the conversation by highlighting and responding to this story.

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