Balancer
by Balancer Labs
What problem does this service solve?
Balancer is designed to maximize liquidity within a decentralized exchange.
Company Details
- Balancer Labs
- https://balancer.finance
- Founded 2019
- Portugal
- Decentralized Liquidity Pool and Non-Custodial Portfolio Manager
Token Stats
About Balancer
The Balancer cryptocurrency is the reward token that fuels the Balancer market maker protocol. The Balancer protocol serves as a liquidity provider and a non-custodial portfolio manager. Unlike other automatic market maker protocols, such as Uniswap, Balancer is designed to provide a general solution that can be customized for a variety of trading pools with different distributions. It uses smart order routing to send trades to trading pools with the best rates available, and rewards traders by paying them a fee for increasing the liquidity of these pools.