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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