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Balancer V3 will expand to Avalanche after governance vote

Online reports that the recently launched Balancer V3 is expanding to its latest blockchain deployment, Avalanche. The team said the deployment of Balancer V3 will enable "instant integration with Avalanche's native lending protocols such as Aave and BENQI," which in turn will increase revenue to Balancer liquidity providers and increase overall agreement liquidity. "Avalanche's native DeFi ecosystem TVL has nearly tripled in the past seven months, thanks to increased liquidity in AMM and lending agreements." It is reported that the integration with Avalanche is expected to be completed by the end of March 2025. It will be deployed on Avalanche's C-chain or contract chain and is designed to support smart contracts and applications.

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