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.


One of the Balancer Pools just got hacked. $500k worth of crypto stolen.

29 Jun 2020 1 minute read 0 comments noBeans

Amongst this craze of De-Fi and higher interest rates many users forgot that it is still a very new place and probably not that secured. The De-Fi ecosystem has gone on to see exponentiation heights and experienced parabolic rise and that attracted e...

Episode #01 - Balancer DAPP on Ethereum and his new BAL Governance Token

27 Jun 2020 1 minute read 0 comments Chesatochi

It is not a wish or a dream anymore; I created my first Podcast for reaching a fresh audience. I intend to create one episode each week and resume of what I am working on. Come listen and subscribe to it: https://anchor.fm/chesatochi/episodes/Episode...

C&C70 - Balancer Investigation & BAL Governance Token

27 Jun 2020 1 minute read 0 comments Chesatochi

#balancer #defi #crypto I came aware of the Balancer project by reading an article on Publish0x. Come discover my spontaneous thought of this Defi project and what is hiding behind this project. Website: https://balancer.finance/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬...

What Compound, Balancer & Jarvis Network Have in Common?

26 Jun 2020 6 minute read 3 comments D3F1

Everyone has started talking about DeFi all of a sudden - but why?  What’s going on to cause such a spontaneous buzz? The real boom has started on June 16th, 2020, when the DeFi lending platform, Compound, released its own $COMP token that landed amo...

How to Provide liquidity on Balancer and Compound platform?

26 Jun 2020 1 minute read 0 comments noBeans

How to Provide liquidity on Balancer and Compound platform?   Balancer Labs and Compound Finance. are both liquidity providing platforms where you can supply your tokens to these platforms and other users can in turn borrow from the pool where you an...

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...

Where to Buy BAL Tokens (Balancer), DeFi’s Perceived Next Big Thing?

25 Jun 2020 2 minute read 3 comments Nek1d

You guessed it, I’ll probably spend some time talking about DeFi projects in the next couple of weeks.  If you’ve been following the markets, you know why. If you haven’t - well, they are popping like crazy. An estimated $78 million enters DeFi lendi...

Balancer Distributes $BAL Governance Tokens

25 Jun 2020 3 minute read 2 comments DeFi Announcements

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...

Balancer Begins Distributing BAL Governance Tokens

24 Jun 2020 1 minute read 2 comments Abhimanyu Krishnan

Asset management and liquidity protocol company Balancer Labs has begun distributing its BAL governance tokens, as per a blog post published on June 23. Liquidity providers on the network had begun earning BAL tokens from June 1, with accumulated rew...

TOP 4 DeFi Projects With Liquidity Incentives

24 Jun 2020 7 minute read 3 comments D3F1

A Short Intro on Liquidity Issues in DeFi Decentralized Finance (DeFi), otherwise known as open finance, is an emerging trend in crypto that’s only just getting started.  We’re witnessing the dawn of an open, permissionless, and decentralized financi...