Balancer is a DeFi protocol on Ethereum for automated portfolio management, liquidity provision, and swapping of assets without traditional order books. It allows up to 8 assets per pool, offers BAL tokens for liquidity providers, and supports smart contract development.
Balancer is a dynamic decentralized finance (DeFi) protocol on the Ethereum blockchain, standing out as an automated market maker (AMM) that offers automated portfolio management, liquidity provision, and price discovery. It allows users to create or supply liquidity to customizable pools with up to eight different assets, facilitating efficient Ethereum-based asset swaps without traditional order books. These pools can have varied weightings, enabling self-balancing portfolios and reducing slippage. Balancer also features flexible staking with its native governance token, BAL, rewarding liquidity providers and granting them decision-making rights in the protocol's future. It enables developers to build innovative DeFi products through smart contract programmability. With a supply of over 63 million BAL tokens and a presence in 637 active markets, Balancer is recognized for its substantial trading volumes and Total Value Locked (TVL), marking its strong adoption and utility in the DeFi sector. Its unique approach to AMM, allowing customized pool creation with variable asset weights and trading fees, positions it as a key player in the decentralized exchange landscape, catering to b...
Balancer is a dynamic decentralized finance (DeFi) protocol on the Ethereum blockchain, standing out as an automated market maker (AMM) that offers automated portfolio management, liquidity provision, and price discovery. It allows users to create or supply liquidity to customizable pools with up to eight different assets, facilitating efficient Ethereum-based asset swaps without traditional order books. These pools can have varied weightings, enabling self-balancing portfolios and reducing slippage. Balancer also features flexible staking with its native governance token, BAL, rewarding liquidity providers and granting them decision-making rights in the protocol's future. It enables developers to build innovative DeFi products through smart contract programmability. With a supply of over 63 million BAL tokens and a presence in 637 active markets, Balancer is recognized for its substantial trading volumes and Total Value Locked (TVL), marking its strong adoption and utility in the DeFi sector. Its unique approach to AMM, allowing customized pool creation with variable asset weights and trading fees, positions it as a key player in the decentralized exchange landscape, catering to both investors and developers.
For more information, visit https://balancer.finance/.