Exploring Opal: A New Omnipool Protocol, Built for Balancer and Aura Finance

Opal is currently built on Ethereum Mainnet but is likely to expand to L2s in the future. Opal’s mission is to enhance the “DEX liquidity flywheel” in the Balancer ecosystem. With Aura Finance, liquidity providers (LPs) enjoy boosted Balancer LP yields thanks to protocol-owned veBAL, which allows Aura to earn maximum yields. Aura’s design is very similar to what many LPs have used in Convex Finance.