Balancer profile
Balancer Profile (BAL)
Score: 5.16 | Above Average
Adventurous Micro Cap
Project Safety Score

Wed, Dec 8, 2021 6:32 AM

Score 5.16
Rating Above Average
Market Cap $110914803.84957
24hr Volume $28020248.461236
Price $15.973142757877
Review

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:
https://balancer.finance/whitepaper/

Balancer Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0xba100000625a3754423978a60c9317c58a424e3D


Ecosystems.

Balancer is a part of the following ecosystems.

Balancer Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Balancer Safety Report

Balancer has a safety score of 5.16

Balancer is a micro cap token.

Balancer is suited to a adventurous investment style.


Balancer Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile

Balancer Red Flags

There are currently no Balancer red flags.


Balancer Development Score

The Balancer project has 40 active source code repositories.

The most recent commit was Wed, Dec 8, 2021 3:35 AM

  • 253 Watchers
  • 1129 Stars
  • 603 Mentionable Users
  • 0 Vulnerabilities
  • 332 commits in the last 28 days.
Highlights:
  • extremely high stars
  • extremely high repo stars
  • daily repo updates
  • good mentionable users
  • very low watchers

Balancer Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • An ok collection of articles to be fairly confident of the sentiment
  • The overall sentiment is very positive

Balancer Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Balancer?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Balancer has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • no reddit articles

Balancer Awareness Score

The awareness score indicates how well Balancer is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Balancer is but a good measure of longevity is how well the project is known by the general public.

Overall Balancer this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • very low search result total
  • very poor number of news articles mentioning Balancer
  • very poor number of headlines about Balancer
  • very poor number of Balancer YouTube videos

Balancer Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Growing project age (released Jun 24, 2020)

Balancer Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Balancer Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

BAL
Member Ratings (BAL)

--/5

0 reviews
Ratings and reviews left by our members do not impact the profile score.
No reviews
Be the first to leave a review

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.

75.00%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • reddit
  • bitcointalk thread
  • tradingview profile
Member Signals

--/5

(no reviews)
Member Ratings
Market Cap Rank:
431
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Balancer Github
Balancer News
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