Balancer Boosted Aave WETH
1. Summary
- Description
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Balancer Boosted Aave WETH is a Composable Stable Pool that facilitates swaps between three US Dollar stablecoins (USDC, USDT, and DAI) while sending idle liquidity to Aave. The underlying Linear Pools are bb-a-USDC (consisting of USDC and wrapped aUSDC), bb-a-USDT (consisting of USDT and wrapped aUSDT), and bb-a-DAI (consisting of DAI and wrapped...
Balancer Boosted Aave WETH is a Composable Stable Pool that facilitates swaps between three US Dollar stablecoins (USDC, USDT, and DAI) while sending idle liquidity to Aave. The underlying Linear Pools are bb-a-USDC (consisting of USDC and wrapped aUSDC), bb-a-USDT (consisting of USDT and wrapped aUSDT), and bb-a-DAI (consisting of DAI and wrapped aDAI). The aTokens are wrapped because they are incompatible with the Balancer Vault due to their streaming balances, which are statically represented by the wrapped tokens to account for accrued value.
bb-a-WETH as a Pairing Token
bb-a-WETH has preminted BPT, enabling it to be nested within higher level pools. Using bb-a-WETH as a constituent token offers benefits such as easy access to swap paths for multiple USD tokens without fragmenting stablecoin liquidity and additional boosts from Aave.
Aave WETH MetaPool
A new stablecoin can be paired with bb-a-WETH, reducing the need for independent liquidity sourcing and simplifying the onboarding process.
Weighted Pool Pairing
A pool of bb-a-WETH and WETH can facilitate swaps between all underlying tokens of USDC, USDT, DAI, their respective wrapped aTokens, and WETH.
Crucial Building Blocks: Linear Pools
Linear Pools are Balancer pools that facilitate exchanges between assets and their yield-bearing counterparts at a known exchange rate. They incentivize arbitrageurs to maintain a desired ratio between the tokens. One key feature of Linear Pools is that they allow users to swap directly to BPT without joins or exits.
Nesting Linear Pools
Linear Pool BPT can be nested within another pool, creating a simple batchSwap path between base assets and tokens in the outer pool.
Optimizing Assets Usage
Boosted Pools aim to optimize assets usage of a pool by making idle assets yield-bearing versions on other protocols, increasing the pool's efficiency.
| Price | |
| 52W High price | $1,806.98 |
| 52W High date | 16th Aug 2023 (1 year ago) |
| All Time High (ATH) Date | 25th Aug 2024 (2 months ago) |
| All Time Low (ATL) Date | 25th Aug 2024 (2 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $168,077.00 |
How does Balancer Boosted Aave WETH's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
26.2%
Similar Market Cap
We're monitoring 2 Balancer Boosted Aave WETH GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Balancer Boosted Aave WETH Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 111
Most Active Repos
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| Past 12 weeks | |
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| Past 12 weeks | |
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Top Developers 2024
In total, 0 developers have contributed to Balancer Boosted Aave WETH over the past year. Who are the most active Balancer Boosted Aave WETH developers, by commits, over the past year?
Related Projects
Developers working on Balancer Boosted Aave WETH also worked on these projects.
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Historic data is only available from 22nd April 2022
Total Followers
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| Active Reddit Users (past 24h) | |
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| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 151,150 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://app.balancer.fi/ |
|---|---|
| Explorer | https://etherscan.io/token/0xbB6881874825E60e11604... |
| @balancer |
What is the correct contract address for Balancer Boosted Aave WETH?
| Ethereum | 0xbb6881874825e60e1160416d6c426eae65f2459e |
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Has Balancer Boosted Aave WETH been audited for security?
No security audits found for this project.
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