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Balancer v2 and Gnosis' 'CowSwap' take aim at MEV with planned integration

Published 04/28/2021, 09:00 AM
Updated 04/28/2021, 10:40 AM
Balancer v2 and Gnosis' 'CowSwap' take aim at MEV with planned integration

Decentralized exchange Balancer and decentralized finance platform Gnosis have announced today a planned integration dubbed the Balancer-Gnosis-Protocol, a collaboration that will combine Balancer’s v2 pool mechanisms with Gnosis’s DEX aggregation and batch auctions designed to mitigate miner extractable value, or MEV.

Balancer’s v2, which is currently live for developer testing, was announced in February and boasts a host of new features: All liquidity will be pooled into a single vault for gas efficiency, unused liquidity will be put to work on lending platform Aave for additional yield, and users will be able to build their own automated market makers with customizable curves.

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