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 Reaches $0.5B in All Time Volume in Just 4 Months

3 Aug 2020 1 minute read 2 comments Abhimanyu Krishnan

The Balancer automated market maker has reached the milestone of half a billion dollars in just 4 months, according to a recent tweet from Balancer Labs on August 2. Balancer only launched in March 2020, but it quickly began to see investors flock t...

Coinbase on the edge to add more 19 promising assets.

2 Aug 2020 1 minute read 3 comments alberdioni8406

The American based Crypto exchange Coinbase is exploring more assets to add on their portfolio of trading, and already choosed 19 to offer customers which announced on Friday July 31, 2020. According to Coinbase Blog the team is still exploring more...

Full List of Incentivized Liquidity Pools

30 Jul 2020 6 minute read 2 comments D3F1

Decentralized Finance (DeFi), otherwise known as ‘Open Finance’, is clearly the hottest trend in crypto right now and for good reason.  Many of the leading DeFi protocols are critical for ushering in a decentralized and tokenized world a by bringing...

Race for value on Ethereum | How ERC-20 tokens have passed ETH

22 Jul 2020 1 minute read 0 comments NassiroV

Image Source Ethereum is the second cryptocurrency on the market in terms of capitalization. It is also the most widely used smart contract platform in the world. The valuation of digital tokens issued on its blockchain is now higher than that of Et...

Balancer Launches Governance Polls and Voting

20 Jul 2020 1 minute read 1 comment Abhimanyu Krishnan

Balancer Labs has completed its first round of governance polls for the Balancer (BAL) network, the team announced via Twitter on July 18.  Balancer is a money market protocol through which users can contribute liquidity and consequently earn a port...

Yield farming with Balancer DEX project - last updated Aug 26/2020

18 Jul 2020 6 minute read 4 comments fblauer

Introduction Balancer is another Automated Market Maker / Decentralised exchange and liquidity provider similar to Uniswap, but expands on the features in a number of interesting ways.  As per other Balancer article on Publish0x: "Balancer essentiall...

Top Things You Should Know About Balancer (BAL)

14 Jul 2020 8 minute read 4 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the popular DeFi DEX protocol – Balancer (BAL). Balancer is one of the latest DeFi project that made headlines in Q2/Q3 2020 and currently it's ranked number 5 in terms of locke...

How to Use Balancer - Token Swaps & Pool Management [Detailed Tutorial]

14 Jul 2020 10 minute read 6 comments D3F1

In this Tutorial, I want to provide a very intricate understanding of how to use the entire Balancer platform. Balancer is the recent DeFi player in the Automated Market Maker (AMM) category.  Balancer is slightly different from your typical AMMs as...

$ 2 billion | Nothing seems to be able to stop decentralized finance (Defi)!

12 Jul 2020 1 minute read 1 comment NassiroV

Image Source Unstoppable - The decentralized finance ecosystem has just passed a new symbolic milestone. In fact, the total funds involved in the DeFi protocol have just passed the $ 2 billion mark. The crazy train is running: + 100% in 35 days The...

Balancer is the Fastest-Growing DeFi Platform since June 1

7 Jul 2020 1 minute read 1 comment Abhimanyu Krishnan

Head of cryptocurrency investment fund DTCC Capital Spencer Noon posted a tweet on July 7 that underscores the growth that the defi market has experienced in June, with numerous protocols displaying tremendous growth since June 1. The data can also b...