Balancer vs DEW vs Nash Exchange
What problem does this service solve?
Balancer is designed to maximize liquidity within a decentralized exchange. | DEW allows users to transparently trade a variety of assets without an intermediary. | The Nash Exchange allows users to buy and sell a variety of digital assets. |
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. | DEW is a decentralized exchange that allows users to trade blockchain-based assets as well as stocks, futures, and other securities. Asset transfers are executed according to rules established in smart contracts, and a chain-based clearing mechanism ensures transparency. The DEW network, and exchange, is powered by the Ethereum-based DEW token. | Nash Exchange, formerly knows as NEX, is a decentralized exchange. Nash's decentralized exchange is powered by an off-chain matching engine that allows users to trade a variety of digital assets across several blockchains. The exchange's NEX token, gives holders the opportunity to stake tokens to earn a portion of the fees generated. |