Balancer
BAL
Balancer (BAL) Feed: Events, News & Roadmap
Balancer to Release Balancer v.3.0
Balancer has released version 3.0 on December 11th.
Balancer to Release Version 3.0 in Q2
Balancer has announced the upcoming release of its third version, Balancer v.3.0 which will take place in the second quarter.
AMA on Twitter
Join to an AMA on Twitter
AMA on Discord
Join to an AMA on Discord
AMA on Discord
Join to an AMA on Discord
AMA on Twitter
AMA will take place on Twitter
AMA on Twitter
AMA will take place on Twitter
Ethereum Community Conference
AMA on Twitter
Listing on WhiteBIT
Listing on AAX
Amsterdam Meetup, Netherlands
Penn Blockchain Conference
Never Rekt DevConnectin Amsterdam, Netherlands
AMA on Twitter
Community Call
AMA on Twitter
Listing on LBank
AMA on Twitter
AMA on Discord
Balancer Events on the Chart
What is Balancer?
Balancer is an automated market maker (AMM) developed on the Ethereum blockchain, launched in March 2020. It functions as a self-balancing weighted portfolio, price sensor, and liquidity provider. The platform allows users to earn profits by contributing to customizable liquidity pools. Balancer facilitates the creation of pools of tokens, which auto-adjust to maintain equal weightings irrespective of price changes.
The protocol offers different types of pools: private pools, which are fully controlled by the owner; shared pools, where liquidity providers earn Balancer Pool Tokens (BPTs); and smart pools, controlled by smart contracts, which also issue BPTs. Balancer stands out by allowing up to eight assets per market, weighted by percentage, and automatically rebalanced, providing unique liquidity and arbitrage opportunities.
Balancer launched its governance token, BAL to decentralize control and incentivize liquidity providers. Of the total 100 million BAL tokens, 25 million were reserved for the team and stakeholders, 5 million for the Balancer Ecosystem Fund, and another 5 million for fundraising. Liquidity providers mine the remaining tokens at a rate of 145,000 per week, with a projected distribution timeline of approximately 8.6 years.