Balancer Launches New Proposal Vote to Refund Additional $wstETH Collected to Liquidity Providers

Decentralized trading platform Balancer has launched a vote on a new proposal to refund additional $wstETH collected to liquidity providers. Previously, Balancer's protocol fee collection contracts accumulated a large amount of extra $wstETH due to the protocol fee collection design mechanism. Balancer plans to distribute in the form of an airdrop, with the gas fee being paid from the BalancerDAO vault.
Source

DeFi

In This Article

Related News
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
4 Hours Ago FalconX partners with Standard Chartered to boost crypto offerings for institutional clients
1 Day Ago COIN jumps 8% on news Coinbase will become the first pure-play crypto firm to join S&P 500 index
2 Days Ago Lido 'secure' after oracle compromise sparks emergency DAO vote
2 Days Ago Bitcoin dominates global crypto funds' $882 million weekly inflows as Sui outperforms major altcoin products
6 Days Ago Sei community weighs proposal to deprecate native Cosmos accounts, move to EVM-only model
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open