The Balancer community has begun integrating itself with other... - Deepstash

The Balancer community has begun integrating itself with other decentralized finance protocols by trading its governance tokens for those of other DAOs, also known as treasury swaps.

This could be the start of a larger trend of DAOs taking a more active role in other DAOs, using the strength of their holdings to trade for influence across decentralized finance (DeFi). Holders of Balancer’s governance token, BAL, are considering two proposals now, from mStable and PrimeDAO , following a successful proposal from the algorithmic stablecoin project, Fei , that closed on November 12. 

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#engineering, #machinelearning and #crypto

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