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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.
| AirSwap is a decentralized marketplace for trading Ethereum tokens. It is designed to enable wallet-to-wallet token trading through a browser on any website. AirSwap is a ConsenSys portfolio company.
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