Balancer vs 0x vs Bitshares
What problem does this service solve?
Balancer is designed to maximize liquidity within a decentralized exchange. | 0x is designed to serve as a decentralized exchange for the Ethereum blockchain. The protocol uses Ethereum smart contacts that allow users to participate in a decentralized exchange, while adopting certain features of centralized exchanges. | Bitshares is an open source blockchain platform designed to increase access to banking services. |
Token Stats
Company Description
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. | 0x is a decentralized exchange built on the Ethereum blockchain that allows for ERC20 tokens to be traded. 0x hopes to serve as a building block for creating decentralized exchanges. | BitShares is a blockchain platform designed to assist the unbanked. It offers both banking and exchange services. Bitshares was originally launched in 2014 by Dan Larimer, an influential blockchain developer that has also worked on EOS and Steemit. It is a community run open source project. |