In the latest feat of decentralized finance money Lego magic, lending platform Aave and automated market maker Balancer have teamed up on a hybrid liquidity-and-lending feature that may significantly fatten depositor yields.
In a blog post on Tuesday, Balancer CEO Fernando Martinelli unveiled plans for the project, dubbed the Balancer V2 Asset Manager. In essence, the integration will allow users to earn two forms of return on their deposits: trading fees and yield farming from Balancer, in addition to lending interest from Aave.