There is a new BAT / WETH Balancer pool

in LeoFinance5 years ago

Was pleasantly surprised today to find a new pool on Balance Labs, and it has one of my favorite coins: BAT.

The pool was seeded with quite a bit of liquidity so it can handle fairly large swaps. The WETH/BAT pool is the second most liquid pool after MKR/WETH with $53,800 split between the the two coins 60/40.

The fee is a little steep at 0.6% though. There hasn't been any swaps executed on this pool yet, so there could be some arbitrage opportunities here if you're willing to do some research.

https://pools.balancer.exchange/#/pool/0x70f1c87B22D7371c68E3EA64870833A2a64CF8B3

bat-pool.png


Posted via Steemleo