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# Value DeFi Protocol Migrates $140M Liquidity from Balancer
- URL: https://dexplain.com/value-defi-protocol-migrates-140m-liquidity-from-balancer/
- Published: 2020-10-09T16:12:00.000Z
- Updated: 2021-12-01T16:15:53.000Z
- Description: Value DeFi Protocol migrates $140M liquidity from Balancer. VALUE token holders stand to earn a percentage of trading fees from the new protocol.
- Author: wizardfromspace
- Tags: defi, Decentralized Exchange, Cryptocurrency, yield farming, VALUE

[Value DeFi Protocol](https://dexplain.com/tag/value-liquid) has successfully migrated $140M in liquidity to its own automated market maker (AMM) known as [Value Liquid](https://dexplain.com/yfv-finance-plans-to-migrate-liquidity-from-balancer/). As reported, Value Liquid is an innovative AMM featuring [flexible farming](https://dexplain.com/value-liquid-will-feature-flexible-farming/) to earn liquidity providers higher rewards. During this time the project also rebranded from [Yfv Finance](https://dexplain.com/tag/yfv-finance) to Value DeFi Protocol. The new branding is to send a message that the project is well beyond being a simple yield farming protocol. As a result, the team no longer wishes to be seen as [YFI-clone](https://dexplain.com/yearn-finance-vaults-explained/) given they are developing [a full suite of DeFi products](https://dexplain.com/yfv-finance-launches-value-vaults/).

![](https://dexplain.com/content/images/2021/12/value-defi-protocol.webp)

## Value Liquid Not Your Average AMM

The new swapping protocol immediately shot up to being a Top 5 DEX by total value locked. Within the first 12 hours, trading volume rose to $4M which would rank Value Liquid around the 15th position in the [DeFi](https://dexplain.com/tag/defi) space. Attention appears to be growing around the new protocol, especially given that [the VALUE governance token](https://dexplain.com/yfv-finance-launches-value-and-governance-vault/) is nearly fully issued so there are no fears of over emission. Additionally, token holders stand to earn a percentage of trading fees from all the trades.

![](https://dexplain.com/content/images/2021/12/value-liquidity-analytics.webp)

**Upgrades from Balancer…** It is important to note Value Liquid is not just a clone protocol launching a vampire attack. The platform solves several problems with [Balancer’s code](https://dexplain.com/start-balancer-liquidity-mining-to-earn-bal-tokens/), such as adding support for Tether USDT and other mainstream ERC20 tokens.

- Future plans during phase 3 include migrating liquidity off [Uniswap](https://dexplain.com/tag/uniswap) and [Sushiswap](https://dexplain.com/tag/sushiswap). If successful, this could make Value Liquid the biggest DEX by TVL.

**Built for partnerships…** Excitingly projects will soon be able to launch their own liquidity mining programs powered by Value DeFi. Value Liquid will support the creation of [custom farming pools](https://medium.com/@valuedefi/value-october-roadmap-d3e8db5c86d3?source=---------2----------------------------) to distribute new yield farming tokens. Consequently, the platform could replace Uniswap as the number one DEX for token launches.