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.


😎 How to Trade Smarter with Token Liquidity Indicators? 8 Signals

21 Jul 2022 3 minute read 1 comment Candlestick

  Decentralized exchanges incentive traders to provide tokens in crypto trading pairs. In return, these liquidity providers earn passive income on their pool share. Two opposing behaviors in LPs: Add Liquidity & Remove Liquidity, which ref...

How to Use Balancer to Convert ETH to WETH with Lowest Fees

2 Nov 2021 2 minute read 1 comment Charles Gune

I will show you how to use Balancer.fi to convert ETH to WETH with lowest Ethereum Gas fees. Balance is a very popular DEFI exchange or DEX for short that can be used to provide liquidity and earn great interest rates. I needed to convert my Ethereum...

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19 Oct 2021 1 minute read 0 comments YJN58

PAR is a CDO style over collateralised stablecoin pegged to the EURO minted on Mimo Capital. An incentivised PAR/MIMO pool will soon be going live on Mimo Capital on Polygon which would be really beneficial  for several reasons and would also encoura...

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5 Oct 2021 2 minute read 3 comments YJN58

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Harvest Finance: AMA Recap, New Farms, and DAO Meaning

15 Sep 2021 2 minute read 4 comments Cje95

UPDATE Since I published this article a ton of deposits have hit the Polygon farms and so the APY's have fallen substantially! The Balancer Stable is now at 25.9% with 10% miFARM, Balancer Tricrypto at 24% with 3.50% miFARM APY, and Balancer Polybase...

WHOOP WHOOP!!! Harvest Finance Doubles the number of Polygon Farms!!!

14 Sep 2021 1 minute read 7 comments Cje95

With the price of Ethereum transactions, I was getting pretty bum about DeFi because of how hard it was to interact with. In my previous Harvest posts, I even commented on hoping they would finally launch some new Polygon (MATIC) farms as the transac...

BNPL Pay To Launch Its Token Sale on Thorstarter and Balancer In September

12 Sep 2021 2 minute read 0 comments Edward Moon

Over the years, there have been multiple DeFi protocols leading the collateralized lending marketplace. A greater percentage of these pioneer DeFi lending protocols were more focused on creditworthy lenders. They catered for people with capital and p...

5 Random Cryptocurrencies With Low Market Cap and High Potential

26 Aug 2021 4 minute read 3 comments 2sats

*obligatory not financial advice*   Here I want to introduce you to 5 random coins and tokens that are outside of the top 100 cryptos by market cap but have potential to grow. These are supposed to be moonshots but are useful and seem like solid proj...

Basic Ethereum Economics and How to Accumulate $ETH Safely on Polygon

18 Aug 2021 3 minute read 3 comments YJN58

ETH is the fuel that powers an entire parallel financial world also known as “DeFi” or decentralised finance. At its peak the DeFi sector was about $140 Billion and will most definitely grow out of its parallel economy status and will be mainstream...

Balancer - Passive income report

14 Aug 2021 1 minute read 0 comments Canadian Crypto Ltd

  Balancer Labs Review   Lately, I've been testing out various platforms to increase my crypto holdings. Since I have been utilizing the Solana and BSC ecosystems I decided to diversify into Polygon. so far the platform that stands out to me is Balan...