Balancer is an ETH-based trading tool announced in March 2020, and is an automated portfolio management protocol that also functions as an AMM (Automated Market Maker).
Balancer is an automated portfolio management protocol that functions as an AMM (Automated Market Maker).
The final number of BALs to be issued is 100 million, of which 65 million will be distributed to network participants at a rate of 145,000 per week over a period of about 8.6 years. Of these, 65 million will be distributed to network participants in weekly installments of 145,000 over approximately 8.6 years, 25 million will be allocated to the development team, advisors and investors over three years, 5 million to the ecosystem fund, and 5 million to future fundraising.
BAL tokens will be used for liquidity mining, but the benefits of holding BAL are limited to participation in governance.
The Balancer Exchange allows swapping of 59 types of crypto assets. Balancer Exchange offers 59 types of crypto assets for swap, including ETH, BAL, DAI, USDC, wBTC, wETH, and tokens used in ETH-based projects such as BAT, MKR, and SNX. All of these transaction fees are paid to the liquidity providers.
Balancer owns a liquidity pool along with Curve.
Financiers and Uniswap, and its listing on Binance and Huobi led to a surge in trading volume and price growth.
It can be traded on BINANCE and Huobi.
Official website : http://balancer.exchange/
