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Balancer (BAL)

Balancer (BAL)

Balancer is an automated portfolio manager and trading platform on Ethereum

BAL is the governance token for the Balancer Protocol. It can be used to vote on proposals and steer the direction of the protocol. The total supply of BAL is capped at 100 million tokens, 25 million of which is allocated to the founding members, core developers, advisers, and investors. The rest are being distributed to the community through liquidity mining. ... Balancer is a multi-token automated market maker (AMM) that functions as a self-balancing weighted portfolio protocol. Balancer is built on the Ethereum networ

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