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.


Balancer on Polygon, simple 17% yield on stablecoins!

3 Aug 2021 1 minute read 0 comments Kopi

Polygon - everyone's favourite low-fee layer, coupled that with a stablecoin yield of 17% and we got a winner. What's the difference of this Stable Pool from a regular liquidity pool? Maybe you've just learned to swap tokens, create a liquidity pair...

DeFi projects that still pay over 50%

31 Jul 2021 1 minute read 0 comments Suerte Panda

Bienvenidos mis ositos, tu siempre eres mis queridos! (Welcome back little bears you are always my dears!) It might feel like liquidity has dried up and yield farming has died. However I think people are just grouchy from a stalled bull market. While...

COINBASE EARN - FREE BAL

24 Jul 2021 1 minute read 4 comments Seven-NATE-Nine

Hey everyone! Surprisingly Coinbase earn is offering its SECOND FREE CRYPTO this week! How awesome is that!? Maybe it’s because Bitcoin seems to be back on its way up? I can only hope so… Coinbase Earn is offering $3 for Balancer (BAL)! Below I’ve l...

Yield Farming Week 6

18 Jul 2021 1 minute read 0 comments 1punchgain

I had withdraw half of the funds from DFYN and experiment with arbitrage/speculate on Polygon. What I have earned will be added only to my Assets, not to Yield. Volatile & Stable Yield1/ Dfynstaked: 11,041.5$ (DAI-USDC LP)yield: 1220 DFYN (2,074$)2/...

Yield Farming Week 5

11 Jul 2021 1 minute read 0 comments 1punchgain

Volatile Yield1/ Dfynstaked: 22,083$ DAI-USDC LPyield: 1155 DFYN (1,986$)2/ compounding released DFYN using Polycat Financestaked: 220 DFYN (378$)3/ Kyber Networkstaked: 5,464$yield: 10,16 KNC (15$)4/ AdamantI'm still waiting for the Certik audit to...

Liquidity Pools Explained

19 Jun 2021 1 minute read 4 comments Defiant Pathfinder

Liquidity Pool is when money is deposited and locked up in Pools for the sake of earning reward and these rewards come from trading fees that happen in that pool. How Does Liquidity Pools Work When investors have their crypto assets in the liquidity...

SwapSpace's Weekly Crypto News Digest | June 1 – June 7

7 Jun 2021 1 minute read 2 comments SwapSpace

Check out our weekly #digest on the latest #crypto news! Here’s what happened over the past week: Coinbase Lists Dogecoin on Professional Trading Platform Cardano to Launch Its First Cross-Chain Bridge With Link to Nervos Coinbase Debit Card Now Wor...

Bringing Perfect Balance to AMMs: Story of Balancer (BAL)

11 May 2021 2 minute read 0 comments GetBlock

GetBlock dives deeper into the features one of the most underrated DeFi projects so far, Balancer (BAL). Balancer Protocol by Balancer Labs perfectly reflects multiple aspects of what made 2020 DeFi Summer so crazy. Cross-chain approach, a plethora...

Balancer Digital Assets Platform Review

4 May 2021 2 minute read 0 comments Heath Muchena

Most decentralized finance platforms in cryptocurrency are built on the Ethereum blockchain. While this provides many benefits, namely transparent transactions along with no central point of failure for these platforms (meaning they will never go off...

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...