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Aave Launches Proposal to Perform a Token Swap with Balancer

Aave launches a proposal to perform a token swap with Balancer DAO. The Aave DAO is to acquire 200,000 $BAL tokens for 16907.28 $AAVE tokens based on a 90 day moving average exchange rate of 1 $AAVE for 11.8292250604 $BAL tokens. Upon completion of the transaction the $BAL tokens will be received into the mainnet Reserve Factor (RF).
Source

Aave

DeFi

DEX

Lending

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