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

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

Thu, Nov 25, 2021

Aliens TLDR

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.

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