Balancer (BAL)

98 Articles 18 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.


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...

LEND Migration, AMPL & BAL Liquidity Pools

12 Oct 2020 3 minute read 2 comments Cryptoonestop

Twitter | Facebook | Reddit | YouTube | LBRY | Patreon | Store Front Disclaimer: Nothing in this report constitutes investment advice—I am just reporting on my accounts and its progress on each platform. You should not use this report to make financ...

Aragon and Balancer Partner to Work on Snapshot

8 Oct 2020 1 minute read 1 comment Abhimanyu Krishnan

Aragon (ANT) and Balancer have partnered to improve tokenholder polling tool Snapshot, according to a blog post published on October 6. The Aragon team will work with Balancer and Snapshot creator Fabien Marino to add Aragon Agreements to the tool B...

Coinbase now supports trading Ren (REN) and Balancer (BAL)

7 Oct 2020 1 minute read 0 comments New Age Wealth

Coinbase has been living up to its word when it comes to adding trading support of more assets on its platform. Coinbase has plans to continue the listing of at least 90% of digital assets in circulation, but only after meeting the listing criteria....

Coinbase Pro Adds DeFi Tokens Balancer (BAL) and Ren (REN)

5 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

Coinbase announced on October 1 that it had listed Balancer (BAL) and Ren (REN) on Coinbase Pro. DeFi tokens BAL and REN have been listed on the professional version of the Coinbase exchange Listing on Coinbase Pro is typically followed by listing o...

DEXG/USDC Balancer Shared Pool

3 Oct 2020 5 minute read 0 comments DEXToken Protocol

DEXToken goes Balancer. We are pleased to announce the DEXG Balancer Shared Pool. We created the official Balancer Shared Pool as a new way to distribute DEXG reward tokens, while at the same time supporting the liquidity of the project. Providing l...

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/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬...