Latest Posts with Balancer (BAL) tag

Balancer (BAL)

47 Articles 5 Followers

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.


What is Balancer — A 5 Minute Guide

3 Sep 2020 6 minute read 5 comments NOWNodes

Originally published in the NOWNodes blog.The DeFi sector is creating new records almost every month now. Its growth is such that the DeFi’s locked in value has surpassed $9 billion. When it comes to the locked-in value, Balancer is the third-largest...

Chesatochi Newsletter #04 - Balancer & Pools.fyi

31 Aug 2020 1 minute read 0 comments Chesatochi

Come read and discover what I have worked this week on my newsletter number #04! Take action and subscribe to stay in touch with my awesome crypto content by email. Newsletter #04 link:https://chesatochi.substack.com/p/chesatochi-newsletter-04-balanc...

Episode #10 - Discover Balancer & Pools.Fyi for Enjoying DeFi Liquidity Pools

29 Aug 2020 1 minute read 0 comments Chesatochi

On this podcast, I talk about the liquidity provider Balancer where you can swap tokens, provide liquidity, and take part in the yield farming, gold rush. You are going to discover the best website where to track, search, and manage your liquidity po...

Balancer – A Outstanding Automated Market Maker on Ethereum

27 Aug 2020 1 minute read 0 comments Chesatochi

One of the big trends in the crypto realm is the feature to bring liquidity with automated market makers. Come, read and discover Balancer! Article link: https://chesatochi.com/balancer-a-outstanding-automated-market-maker-on-ethereum/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬...

CC95 - Balancer DeFi Project - Passive Income Opportunity

25 Aug 2020 1 minute read 2 comments Chesatochi

#balancer #defi #crypto #ethereum Balancer is a DeFi project where you swap tokens and provide liquidity in weight pools. You can collect fees from the trading and yield farming the BAL governance token. Balancer website: https://balancer.finance/...

Balancer Approves Liquidity Staking Incentive

25 Aug 2020 1 minute read 0 comments Abhi K

On August 23, automated market maker Balancer (BAL) passed a governance proposal that introduces BAL liquidity staking on the platform. The goal of the amendment is to increase liquidity and accelerate protocol decentralization by allowing “non-shar...

Top 16 DeFi Trading Platforms & Protocols

24 Aug 2020 7 minute read 7 comments D3F1

1. Uniswap Automated Market Maker powered only by smart contracts on Ethereum Allows users to swap between ERC-20 tokens in a decentralized manner quickly. Liquidity is provided by users who deposit funds in different pools at a 50/50 ratio When a...

5 DeFi Projects That are Yet to Steal the Show

19 Aug 2020 7 minute read 4 comments Li_KungFu

I am sure that you are aware of the DeFi craze that is in FULL MOTION as you read this post. The numbers that DeFi projects have managed to post are genuinely staggering. There is now a total of $6.34 billion that is locked inside DeFi smart contract...

An offer you cannot refuse: Up to 75% of my Swissborg Scratch Ticket for YOU!

18 Aug 2020 2 minute read 2 comments Overmind

MONEY TO BE SHARED AND SWISSBORG IS PAYING THE BILL :D   Hi Publish0x user and Free Crypto Hunters, only two person have signed up for my offer and received a 50 % share of my swissborg scratch ticket. Well this feedback is dissapointing because fre...

Balancer Token Skyrockets Amid Podcaster Token Listing

7 Aug 2020 1 minute read 3 comments Abhi K

Evan Van Ness, the host of the “Week in Ethereum” Podcast and former Director of ConseSys, has tokenized himself on the Balancer (BAL) platform in the form of EVAN tokens, which has already skyrocketed in value. The EVAN tokens went live on Balancer...