Messari • Jul 13, 22
State of Balancer Q2 2022
This quarter, swaps and volume remained robust in USD terms, while TVL fell. Net income to the protocol showed the smallest loss in the last 6 quarters. BAL inflationary rewards, veBAL voting, and revenue share kept the DAO very busy in the quarter, managing incentive alignment. A new foundation and operating framework set the stage for protocol management going forward.