Why should a project or LP migrate to Balancer v3?

• Balancer v3 features multiple improved features to improve capital efficiency for liquidity providers and reduce LVR/MEV, increasing returns for LPs.
• Boosted pools deposit idle liquidity, such as USDC, GHO, or wETH into a yield bearing market so users are earning the yield of a lending or collateral market while facilitating swaps for maximum capital efficiency of their assets.
• Balancer is introducing directional fees and hooks in v3, meaning pool creators can choose to defend liquidity providers in certain market directions as well as utilize unique algorithms and customization to manage the pool to benefit LPs respectively.
• Balancer is reducing its fees on yield bearing tokens in v3 from 50% to 10% (see below).

What is the specific timeline for v3 launch milestones?

Please note: timelines would adjust depending on when v3 launches

• First week of Tentative December: v3 Launch on Mainnet and Gnosis Chain without gauges.
• First week of January: veBAL system to be deployed on Mainnet and Gnosis Chain.
• First week of February: Potential launch of Arbitrum, Optimism, and Base as well as additional support for exotic boosted markets. (zerolend, gearbox, yearn, euler, beefy, and more).
  • Hooks will be supported from day one, but the expectation is to utilize them in production around early February.

Balancer has traditionally had a 50% fee on yield. Is this the case in v3?

• No Balancer, will utilize a 10% fee on yield bearing tokens to better facilitate growth of boosted pools. The value in APR and trade routing added to LPs compared to v2 will more than offset a 10% yield fee.

Will my pool(s) need a new rate provider for v3?

• No. The v2 rate providers are fully compatible with v3 interfaces and functionality.

Will Balancer have the same core pool system for v3 pools?

• Balancer plans to have a core pool infrastructure on the v3 deployment which will emphasize our original model where pools recycle a portion of only their respective revenue to the veBAL and vlAura system to incentivize their own growth.

Will Gyroscope ECLPs or CowAMM be on Balancer v3?

• Yes, briefly after launch Gyroscope is scheduled to be on Balancer v3, however their pool math and smart contracts are not included in Balancer v3’s initial audits. CowAMM is in a similar situation, both will live in v2 indefinitely and v3 offerings will be available after initial launch. We will make announcements for each respectively.

What are my options for boosted pool asset pairs?

• On launch, Balancer plans to support Aave and Morpho boosted pools for stable coins and wETH. These will likely include for Aave USDC, USDT, GHO, USDS, and wETH for Morpho USDC, USDT and wETH. If there is interest in more exotic pairs feel free to ask our team about the opportunity.
  • We do plan to launch with several other lending markets and yield strategies after 2 months. Feel free to suggest specific boosted pool designs to best fit your needs.
  • Interested in getting your yield market integrated as a boosted pool on Balancer reach out to us on Discord in our partnerships channel.