TechFlow reports that Balancer has announced the integration of Chainlink price feeds on the Arbitrum mainnet.
Specifically, Chainlink price feeds help provide reliable pricing data for wstETH, rETH, and cbETH—essential components for building composable stable pools designed to facilitate large-scale trading of staked ETH tokens.
The initial integration involves using the following Chainlink price sources: wstETH/ETH, rETH/ETH, and cbETH/ETH.
Balancer also uniquely incentivizes liquidity through this design by redirecting a portion of LST yields into voting incentives for the same pool. This model leverages voting markets to unlock a self-sustaining flywheel, where pools maintain their own incentive programs.
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