![Gauging the impact of Boosted Pools on Balancer’s [BAL] market trend](https://i.headtopics.com/images/2023/3/8/cryptoamb/gauging-the-impact-of-boosted-pools-on-balancer-s--gauging-the-impact-of-boosted-pools-on-balancer-s--1633355620714795010.webp)
Balancer’s TVL fell after the introduction of Boosted Pools, before recording a brief uptick Balancer (BAL) has, however, remained flat of late More than a year ago, Balancer created its Boosted Pool to attract liquidity to the protocol by providing investors with additional incentives. How balanced has this made the protocol and its native token […]
Boosted Pool is a feature of the Decentralized Finance protocol – Balancer. The Balancer Boosted Pool allows liquidity providers to deposit two types of assets in a pool – The base asset and the boost asset. The base asset typically has lower volatility while the boost asset has higher volatility. The boost asset is used to generate additional returns for liquidity providers., Balancer developed boosted pools to improve LPs’ capital efficiency.
. The chart revealed that the TVL has fallen from almost $2 billion to $1 billion since the pools were established. The TVL was approximately $1.28 billion, at the time of writing, with a slight hike seen since January.Balancer’s price has been relatively flat in recent weeks. In fact, a look at its price action on the daily timeframe showed no discernible upward or downward trend. At the time of writing, the asset had dropped nearly 1% in value and was trading at around $6.35.
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