Balancer launched on GnosisChain - and FRACTION is one of the first whitelisted tokens there with already some pools in place!

Instead of being limited to to direct 50:50 pairs with other tokens like on Honeyswap, Balancer allows the combination of multiple assets, as well as different constellations.

A few months after the project opened up its first pools on Honeyswapin April 2021, FRACTION opened additional pools on the Balancer fork “Symmetric v1” - including a Minerva Wallet Streaming Farm to incentivize providing liquidity there. But unfortunantly the Ecosystem didn’t fully adapt that fork - not all aggregators would route through those pools. Or Coingecko wouldn’t add it as a DEX, distorting the actual trading volume and liquidity.

Shortly after Balancer added GnosisChain to their UI, FRACTION opened up its first 50:50 FRACTION-MIVA pool. That opened up new possibilities for tackling the liquidity shortage - something the project struggles with since the beginning.

To move the project owned liquidity from Symmetric to Balancer, a Snapshot Proposal has been set up. This proposal finalized on March 23th with a “For” outcome.
Afterwards the project retracted it’s own liquidity, swapped pooled SYMM to GNO and placed everything in the new 40:40:20 FRACTION-MIVA-GNO pool. A Lenster-Post with links to all proofs/tx can be found here.

The FRACTION Token has been added to the Balancer Tokenlist, adding additonal trust by not showing the “unlisted” warning banner on pools with FRACTION in it.

If you want to provide liquidity for FRACTION on Balancer, but aren’t sure how to do it - here’s a short ‘How-To video on lenstube.xyz for MIVA (FRACTION works the same)

In the long term, the Balancer pools could become the central place for FRACTION liquidity, not only on GnosisChain. That would require some additional steps, but most of all it will always require a Snapshot Proposal to move liquidity for full transparency. Every FRACTION holder should have the opportunity to cast a vote on such a decision. Follow the projects media accounts or join the DAO to keep updated.

Also, FRACTION Token pools have always been closely entangled with the Minerva Wallet SuperToken (MIVA), so also following its developments is highly recommended.

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