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 (BAL) Explained in 60 Seconds

2 Dec 2020 1 minute read 0 comments CryptoSlackers

Balancer is a decentralized finance (DeFi) automated market making protocol that operates on the Ethereum blockchain. Decentralized automated market-making protocols, like Balancer, facilitate the decentralized trading of Ether and ERC-20 tokens. Thi...

Batch #2 of Balancer Ecosystem Fund Grants is Now Available

30 Nov 2020 2 minute read 3 comments Balancer Labs

Firstly, a big thank you to the Balancer community for all of the amazing work you’ve done to foster a thriving ecosystem and propel the Balancer protocol forward. There are so many different ways to play a part in this movement and you have exemplif...

AMPL Empire: Balancer V1 & Uniswap V3 Geyser Running Smooth

26 Nov 2020 5 minute read 3 comments AMPL Caesar

Fellow Ampleforthians,Five days ago, an announcement was made regarding the next round of Liquidity Mining incentives joining the Geyser. With the Beehive V2 coming to a close in the next fortnight, Beehive V3 was always going to be on the cards - it...

A Bite of Pie (DAO)

24 Nov 2020 5 minute read 0 comments Block_Enthusiast

The manic summer left a hunger This past summer I learned how impactful high gas prices can be to small positions. At times, parts of my portfolio felt  bricked by costs; not worth it to touch them. In addition, having so many small pools while inter...

AMPL Geyser -- 3 New Geysers Announced

23 Nov 2020 2 minute read 5 comments Ampleforth

The newest round of AMPL Geysers will be launched next week! AMPL Geysers are important components of the liquidity pillar for the elastic finance long term roadmap, and fulfill the ten year vision to provide widespread liquidity mining rewards to th...

ADX Farming: 2 million $ADX Yield for Liquidity Providing on Uniswap and Balancer

19 Nov 2020 3 minute read 0 comments dmngdsm

We are delighted to announce a new ADX incentive program (a.k.a farm) for liquidity providers: over 2 million ADX will be distributed to people who supply liquidity on the Balancer ADX/yUDS pool, Uniswap ADX/ETH pool and other community requested poo...

Why Balancer's Weighted Pools are Such a Big Deal?

17 Nov 2020 5 minute read 2 comments DrBreakThru

On March 31, 2020, Balancer (BAL) – a non-custodial Ethereum-based automated market maker (AMM) that functions as a self-balancing weighted portfolio manager, liquidity provider, and price sensor – was deployed on Ethereum mainnet. The Balancer proto...

Got Theta? Here's an Option to Enter the Guardian Node World

17 Nov 2020 5 minute read 5 comments BryRi

When the technology is moving and growing quickly we are all looking for options.  The situation takes us to a continuing thought:  Got Theta? Here's an Option to Enter the Guardian Node World.   The Context While the masses begin to take notice agai...

Pantera Capital and Alameda Research Make Investments in Balancer

10 Nov 2020 1 minute read 0 comments Abhimanyu Krishnan

Pantera Capital and Alameda Research have invested in Automated Market Maker (AMM) Balancer Labs through direct token purchases, the team announced in a blog post published on Nov. 10. Pantera Capital and Alameda Research have bought BAL tokens from...

HOW IS THE DEFI ECOSYSTEM

30 Oct 2020 4 minute read 7 comments Simplify Crypto

Decentralized finance has been one of the most talked about subjects in recent months in the crypto world. They quickly attracted attention and a large amount of money to their protocols, which aim to represent tools and applications in the centraliz...