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LAUNCHED
Balancer
$BAL
Blockchain:
ARBITRUMCategory:
DeFi
Whitepaper
Contract address:
0x040d1edc9569d4bab2... Launch Date:
2023-02-16
PROJECT DESCRIPTION
Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.