Balancer launches on Ethereum L2 network Optimism By Cointelegraph
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Balancer launches on Ethereum L2 network Optimism Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.
Balancer’s Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, both teams are said to have developed a decentralized exchange that is set to compete in the Optimism ecosystem.
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Balancer launches on Ethereum L2 network Optimism Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.
Balancer’s Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, both teams are said to have developed a decentralized exchange that is set to compete in the Optimism ecosystem.
Continue Reading on Coin Telegraph
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