Latest Posts with Balancer (BAL) tag

Balancer (BAL)

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Balancer is a market maker protocol that allows its users to contribute liquidity to various assets and consequently earn a portion of the generated trading fees. Fees are collected from traders and portfolios are continually rebalanced through arbitrage opportunities. 

Founded in 2018 by Balancer Labs, the platform itself was officially launched in March 2020. It distinguishes itself from other automated market makers by considering various assets and weightage. The fees that can be earned from executed trades can be customized for each liquidity pool. Furthermore, it removes the middlemen that are portfolio managers - using traders’ fees and arbitrage opportunities to rebalance the portfolio instead. 

The project’s whitepaper, published in September 2019, offers a detailed explanation of the design of the liquidity and trading formulae that underpin the network’s economics. A succinct, high-level explanation of the network’s features can be summed up as follows: the protocol offers various types of liquidity pools with varying levels of permissions. Private pools are controlled by the pool creator, who may determine its parameters at will, while shared pools’ parameters are permanently fixed with the creator holding no special privileges. Smart pools are controlled by smart contracts and allows for a range of logical conditions and restrictions.

The project launched on the mainnet in late March 2020 alongside exchange and pool management dapps, among other launches. The BAL token itself was launched in June 2020, with 435,000 tokens set aside for distribution to liquidity providers, which will be handed out over the course of 3 weeks. The development team has stressed that the protocol is new and subject to change and development, both for refinement and security purposes. 

Learn more about Balancer (BAL) here, including news, price predictions, opinions and analyses created by users.


CRYPTO TKOs Issue #11: Tales of Two Presidents: An April 1st "Yield" Surprise, 2021 starting a DEFI Bull long run?

1 Apr 2021 4 minute read 15 comments thunderboltkid

Ah, April Fools Day is on its way! Will Sniffy Joe be the Main Attraction, April 1st, 2021, driving crypto values even higher? Spring Weather is finally arriving north of the 49th, New Beginnings for nature, at least. So I sit here now waiting for th...

Magic Balancer: Options for Decentralized Finance

30 Mar 2021 4 minute read 3 comments adriaparcerisas

  Introduction Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need f...

Balancer is coming to Polkadot soon

11 Mar 2021 1 minute read 0 comments ManuelAR

The last couple of months gas fees on the Ethereum network went sky-high. This motivated many people to explore other blockchain options. Even though gas fees have subsided lately, considerable growth has been observed in alternative chains. The Bina...

Ampleforth's 4 Geysers are Now LIVE - 3 Things to Know

24 Feb 2021 2 minute read 3 comments Brawnd0

On February 16, 2021, Ampleforth announced the introduction of an all-new Geyser on Balancer and a continuation of the three existing Geysers. This next round of Geysers just went live on Monday, February 22, with approximately 6.4 million $AMPLs all...

CRYPTO TKOs Issue #005: the BIG SWAP- US Fiat to USR Cornucopia : Why Not?

5 Feb 2021 6 minute read 2 comments thunderboltkid

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Balancer Surges In Price As V2 Is Revealed | Lets take a look what Balancer V2 brings

4 Feb 2021 3 minute read 3 comments dalz

  For those who don’t know Balancer is Uniswap like platform build on Ethereum. An automated market maker AMM, where ERC20 tokens can be swapped on a decentralized exchange where everyone can provide liquidity. https://balancer.exchange/#/swa...

Balancer Unveils V2 of Balancer Protocol

3 Feb 2021 1 minute read 58 comments Abhimanyu Krishnan

In a blog post published on Feb. 2, Balancer (BAL) revealed the details of the upgrades that will arrive with Balancer v2. The four factors driving the v2 upgrade are security, flexibility, capital efficiency and gas efficiency, with the overall goa...

$30k- $1 million, passively: Update 3

27 Jan 2021 2 minute read 2 comments MadMaxx

Hi guys. Welcome to another update! First off, I figured out that giving daily updates would be a bit too much. You don't need to know every tiny 0.1% change in the portfolio. So I'd only be giving updates when something major happens. Like what happ...

Balancer Launches Pilot for Gas Reimbursement

26 Jan 2021 1 minute read 0 comments Abhimanyu Krishnan

Automated Market Maker (AMM) Balancer has launched a new pilot for a gas reimbursement program, which will test the reimbursement of gas fees for select trading paris, the team announced on Jan. 26. The gas reimbursement program will partially reimb...

My Experience Providing Liquidity On Balancer

25 Dec 2020 5 minute read 1 comment dalz

    For those who don’t know Balancer is an Uniswap like platform build on Ethereum. An automated market making (AMM) platform. In a lot of ways, it is very similar to Uniswap, but it has its specifics. It is also not the latest copycat as well since...