
Opal is designed to enhance DEXs liquidity flywheel, starting with the Balancer ecosystem on Ethereum, it is deemed to achieve an Omnidex and multi-chain vision. The project raised a seed round backed by key actors from Balancer, Aura Finance, Alchemix, Spiral DAO, Ramses Exchange, and more notable projects… Users can deposit single sided liquidity into Omnipools and build exposure to sophisticated farming strategies, without liquidity management or impermanent loss and generating high APRs. The $GEM token is designed to capture value from Omnipools’ farms and drive it among stakeholders to incentivize growth and strengthen coordination through several utilities: Earn voting incentives from external projects Earn swap fees and supercharged APR from the GEM-ETH pool, fee sharing from the protocol, and boosted GEM rewards Take part in a biweekly liquidity and $GEM allocation vote (LAVs & GAVs) Whitelist new DEXs & pools to receive liquidity from Opal https://twitter.com/OpalDeFi







