Goals
Last updated
Last updated
Opal aims to allow users to diversify their exposure across multiple Balancer pools with a single asset. Specifically, enabling users to deploy their asset (e.g. stETH ; USDC) to multiple Balancer pools in a single transaction.
The main goals of Opal can be summarized by the following:
Simplicity: Allow users to deposit a single asset into an Opal Omnipool which deploys liquidity across multiple Balancer pools, then stake it in Aura.
Efficiency: Supercharge the current liquidity provision in the Balancer ecosystem which is dominated by incentivized liquidity. This is done by establishing Opal governance which allows $vlGEM holders to directly control which Balancer pools receive liquidity.
Harness Users' Knowledge: Create a protocol that is both led and controlled by the Opal community via a self-sustaining DAO.
Improve Ecosystem: Opal aims to build a protocol that supports the growth and sustainability of the Balancer/Aura ecosystem.