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Balancer V3 goes live on mainnet.
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Treasure launches its L2 on mainnet.
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AaveDAO approves PYUSD incentives.
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Frax Finance releases its roadmap.
Balancer V3, the latest iteration of the DEX featuring a new AMM and boosted pool architecture, is now live on Ethereum and Gnosis Chain. Balancer V3 introduces several innovations, including a transient accounting system via EIP-1153, re-entrant pool lifecycle hooks, native yield-bearing token support, fully boosted pools, and a flexible router design. Balancer V3 shifts core functions such as token management, fees, rate scaling, and liquidity operations, from the pool contracts into a unified vault contract. The unification ensures that all pools adhere to the same standards, maintaining consistent pool states across the protocol. Developers can now create custom pools and users can access boosted liquidity pools on Balancer V3.
Treasure, a gaming-focused rollup coined as the decentralized game console, is now live on mainnet. Treasure is built as an Elastic Chain on the ZK Stack, featuring a seamless UX, sponsored transactions, and access to unified accounts. Users can now bridge their assets from Ethereum and Arbitrum to Treasure. MAGIC, Treasure’s native token, will be used for fee payments and underpinning the network’s economic security. Treasure is hosting a 2-week campaign featuring NFT mints from Treasure games and over 69,420 MAGIC in prizes to commemorate the launch. Treasure was previously the largest gaming ecosystem on Arbitrum.
The AaveDAO approved an incentive program for PayPal’s PYUSD stablecoin. Eligible users will be able to earn an additional 4% APY rewards rate on PYUSD held on Aave v3 on Ethereum. The program also includes co-incentives on PYUSD and GHO liquidity. PYUSD is a dollar-denominated stablecoin backed by dollar deposits and short-term U.S. Treasuries and is issued by Paxos, a trust company under the regulatory oversight of the New York State Department of Financial Services. According to data from Coingecko, PYUSD’s market cap stands at approximately $540 million.
