Balancer BAL| Crypto Markets | Crypto Currency

Coingabbar13 Dec, 2022Finance

Balancer is an automated market maker (AMM) that was built on the Ethereum blockchain and went live in March 2020. Placeholder and Accomplice helped it get a $3 million seed round. Balancer protocol works as a price sensor, a liquidity provider, and a self-balancing weighted portfolio. It lets users make money by contributing to liquidity pools that they can customise with its recently released token, $BAL.

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