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 Unveils V2 of Balancer Protocol

3 Feb 2021 1 minute read 86 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...

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...

Aragon and Balancer work together to take Snapshot to the next level

15 Oct 2020 1 minute read 3 comments Aragon-Official

A couple weeks ago, we released a post about the holy grail of voting: Off-chain polling with on-chain execution. It explored the potential of bringing on-chain execution to Snapshot, a widely adopted tool for tokenholder polling. Since then, we hav...

6 DeFi Projects with Interesting (Token) Economics

5 Jun 2020 11 minute read 11 comments D3F1

DeFi (Decentralised Finance) is the hottest thing in crypto right now in 2020 and unlike the ICO bubble that lasted less than a year in 2017, it doesn’t look like the DeFi train is stopping anytime soon. This time it’s for real. (source) The chart a...

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...

BAL is live!

25 Jun 2020 3 minute read 2 comments Balancer Labs

The Balancer team has been heads down working to make this happen: we are thrilled to announce that the Balancer protocol governance token (BAL) is live on main-net. We did a lot of research for an off-the-shelf, secure solution to deploy a governanc...

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...

Automated Market Makers - What Are They And How They Differ?

29 Jun 2020 9 minute read 3 comments D3F1

In this piece, I will be comparing some of the hottest projects in DeFi space. This one, you won’t want to miss.  But first, before we dive in, what exactly is DeFi and why should you pay attention to it? DeFi, the acronym for (‘Decentralized Finance...

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...

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...