Balancer Expands DeFi Ecosystem with veBAL Upgrade, Berlin DappCon Presence, LST Alliances, and Avalanche v3 Pools

Balancer Protocol has strengthened its position in decentralized finance (DeFi) with a series of ecosystem updates. Noteworthy is the launch of the upgraded veBAL dashboard, aligning with the Balancer V3 design and enhancing user experience for governance, voting on pool emissions, and incentive management. Balancer’s notable participation at DappCon Berlin and Destino Devconnect positions it at the forefront of DeFi innovation and security discussions. New collaborations under the Balancer Alliance program feature integrations with Rocket Pool and Lido, targeting deeper liquidity for Liquid Staking Tokens (LSTs) such as rETH—both protocols are committing to long-term alignment by locking BAL as veBAL. Additionally, Balancer announced the launch of its v3 liquidity pools on Avalanche, delivering new stable and yield-optimized pools like savUSD/USDT and sAVAX/ggAVAX/WAVAX, thus expanding access to multi-chain liquidity and DeFi strategies. The introduction of the Circles project, powered by Balancer’s liquidity engine on Gnosis Chain, demonstrates expanding use cases beyond traditional tokens. Governance-wise, several proposals are up for voting, including new pool gauges and investment policy updates. As of June 15th, veBAL is valued at $4.20 with a voting APR of 30.18%, strengthening the protocol’s appeal for active participants. Overall, these developments enhance Balancer’s infrastructure, liquidity incentives, and cross-ecosystem collaborations, potentially increasing trader engagement and protocol usage.