Balancer has launched the V3 upgrade and will collaborate with Aave to introduce Boosted Pools

ChainCatcher news, according to The Block, the decentralized trading platform Balancer has launched its V3 platform upgrade, aimed at optimizing liquidity, providing new development tools, and driving trading volume growth.

Balancer V3 introduces 100% Boosted Pools, combining its permissionless automated market maker technology with the yield market infrastructure of the DeFi lending protocol Aave. Aave is the primary launch partner for this upgrade, and other partners are expected to follow suit. This integration allows these pools to merge the yields from the swap and lending markets into a single efficient location.

It is reported that Boosted Pools offer a passive liquidity solution that directs all underlying capital to external yield markets while maintaining swap liquidity. With just one click, liquidity providers can optimize returns and easily access the most efficient markets in DeFi without the need for active management.