Balancer Profile (BAL)
Project Safety Score
Thu, Mar 21, 2024 4:45 PM
| Market Cap | $234,537,622.3 | |
| Market Dominance | 0.0197 | |
| 24hr Volume | $2,496,756.21 | |
| Price | $4.61 |
Balancer
token
Ethereum
Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor The Balancer Protocol Governance Token (BAL) are distributed to Liquidity Providers of Balancer. BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder. The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year. This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens. This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.
Read more in the whitepaper:- team not submitted
- Dao
- Governance
- Yield Farming
- Harmony Ecosystem
- Polygon Ecosystem
- Arbitrum Ecosystem
- Ethereum Ecosystem
- Optimism Ecosystem
- Avalanche Ecosystem
- Exchange-based Tokens
- Decentralized Exchange
- Gnosis Chain Ecosystem
- Near Protocol Ecosystem
- Automated Market Maker (amm)
- Decentralized Exchange (dex)
- Decentralized Finance (defi)
- Decentralized Exchange Token
- Ethereum
- Ethereum
- no features
/5
No reviews
Be the first to leave a review75%
Profile Status
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
- tradingview profile
Member Signals
/5
( reviews)Balancer Github
Balancer Twitter
Balancer News
-
Balancer Price Prediction 2023-2030: Will Balancer Reach ...
Wed, Apr 26, 2023 9:15 AM...
read more... -
Flash News: OKX Wallet Partners with Aura Finance, ZkSync ...
Fri, Apr 21, 2023 8:15 AM...
read more... -
5 Most Promising Crypto Coins Of The Year 2023
Tue, Apr 18, 2023 7:01 AM...
read more... -
Time for Uniswap to upgrade? Looking at all sides of the coin amidst rising rivalry
Mon, Apr 17, 2023 7:01 AM...
read more... -
Balancer Price Prediction: Does A Decline In Balancer Fees ...
Mon, Apr 17, 2023 7:01 AM...
read more...
No one is talking about Balancer be the first to start the conversation.
Do you think Balancer is a scam project which will disappear in a rug pull in the next few months or do you think Balancer is here to stay?
And more importantly let us know your experience and warn others if you have noticed something suspicious.