Balancer DAO and Fei DAO partner up via DAO agreement and token swap - Aliens: AI Crypto News & Markets Updates

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Balancer DAO and Fei DAO partner up via DAO agreement and token swap

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Aliens

Thu, Nov 25, 2021

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Balancer DAO and Fei DAO further aligned their interests through a DAO agreement. This was paired with a substantial Token Swap totalling over US$ 9 million at current market value.

Fei Protocol's long-term plan is to achieve high scalability, and be a fully decentralized stablecoin. The upcoming V2 of Fei will utilize a custom Balancer V2 Investment Pool. This will be used to manage risk, deploy liquidity, and earn yield with much greater capital efficiency.

Source: Medium

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