<p>Launched in March 2020, Balancer is a decentralized exchange protocol built on Ethereum. It is based on an automated market maker. In simple words, this is an exchange for trading ERC20 tokens without using an order book. Balancer works on smart contracts and creates so-called liquidity pools, from which funds are taken for trading. At its initial launch, Balancer did not have its own token. However, the developers later introduced a token for their project. Balancer (BAL) is a governance token for this protocol. It can be used to determine the direction of a project by voting on various proposals. It is also used to reward liquidity providers.</p><h3>What are BAL key features and how does it work?</h3><p>The UniSwap exchange protocol served as an inspiration for Balancer developers. Accordingly, Balancer uses an auto market-making (AMM) blockchain protocol that has some similarities with UniSwap.&nbsp;Balancer uses an n-dimensional invariant model, which means that there may be several tokens in the pool and not just two like in UniSwap. The Balancer protocol functions as a self-balancing weighted portfolio, price sensor, and liquidity provider.&nbsp;It allows users to profit with the BAL token by contributing to customizable liquidity pools and receiving trading fees in return. Balancer distributes BAL tokens to whitelisted creators of the liquidity pool. To receive rewards, at least two coins from the pool should be on this list. It is updated on a weekly basis as the coins are being added to it. This system also makes it more advantageous to set lower fees because the lower they are the more BAL is given in return. BAL tokens are also issued relative to the proportion of the amount invested into the liquidity pool to the total liquidity. The established maximum supply of these tokens is one hundred million.</p><h3>What makes Balancer noteworthy?</h3><p>AMMs are part of the rapidly growing DeFi industry, which has an effect on the market price of Balancer (BAL). The Balancer is also a decentralized exchange.&nbsp;Moreover, it allows ordinary crypto market participants to join pools and add liquidity by depositing assets into smart contracts. This pool protocol can be used to swap ERC20 tokens without relying on centralized organizations. Any ERC20 token holder can leverage Balancer and earn fees on it.&nbsp;</p><h3>What can BAL be used for?</h3><p>The Balancer project is considered to be a powerful tool for automating market-making and driving down the fees users pay during a transaction, no matter which currency they are transferring. When it comes to the liquidity pool market, this project ranks at the top thanks to the ability of creating liquidity pools with several tokens at once. Balancer developers were one of the first to do this.&nbsp;</p><p>Balancer smart contracts have been audited by a third-party company, Trail of Bits, so they are completely safe for investment.</p>

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<p>Balancer Protocol aims to become the primary source of DeFi liquidity by providing the most flexible and simple platform for asset management.</p><p>Balancer allows any token holder to provide liquidity with 100% of their assets by immediately turning their whole portfolio into a Balancer pool or adding it to existing pools. Balancer allows pools with up to 8 tokens, with any custom percentage distribution of value for each of them. Anyone can now create their own self-balancing index fund or invest in someone else’s.</p>

Balancer

Balancer is an AMM DEX on Ethereum Virtual Machine with pool weight customisation.

The Spartan Group

Sky9 Capital

Coinbase Ventures

YZi Labs (Prev. Binance Labs)

Lattice

Mirana Ventures

Folius Ventures

Solana Ventures

Jump Capital

Alameda Research

HashKey Capital

6th Man Ventures

Zee Prime Capital

Smrti Lab

Mask Network

Multicoin Capital

DragonFly Capital

Draper Dragon

Cultur3 Capital

Matrixport

APENFT

Republic

Shima Capital

Evernew Capital

Arbitrum Foundation

Galxe

Ftribe Fighters (F2 NFT)

KOREIT

Frutti Dino

Morningstar Ventures

Moonrock Capital

GBV Capital

Waterdrip Capital

Vendetta Capital

Ascensive Assets

Hypersphere Ventures

Blizzard Fund

Woodstock Fund

Figment Capital

Axia8 Ventures

CoinGecko Ventures

Nexo

Everclear (prev Connext)

Kosmos Ventures

Impossible Finance

Nabais Capital

AVentures DAO

Subsquid

3 Chaps Capital

StakeBorg

Ganesh Swami

Erik Ashdown

Derek Yoo

Aurel Iancu

Delroy Bosco

Alex Smirnov

Batuhan Dasgin

Michael Chen

Etienne

Danish Chaudhry

Alchemy

Bware Labs

The Dai Lo

Fractal Network (Findora)

GameOn Forge

Blockchange Ventures

Big Brain Holdings

coinIX

Castrum Capital

Outlier Ventures

Kangaroo Capital

Maven Capital

FinSec Innovation Lab

Kima Network

Sociapol

Foresight Ventures

DWeb3 Capital

HTX Ventures

Kronos

SpringWind Ventures

Double Peak 

Gate.io

VRM Ventures

AC Capital

AlphaCoin Fund

Mintable

LD Capital

ClearDAO

Gain detailed information about %name% %code% unlock and vesting. Use our token unlock calendar for planning and optimizing your investments. Explore tokenomics and how it's changing with our token distribution chart. Stay updated on unlock events and receive notifications for effective crypto asset management

%name% %code% Token Unlocks and Vesting: Schedule and Tokenomics

Name	Total	Unlocked	Locked
Community (7-27 years)	26.6%	-	-
Team & Investors	25%	25%	-
Community (1-3 years)	21.6%	21.6%	-
Community (4-6 years)	16.8%	12.4%	4.48%
Seed Round	5.00%	5.00%	-
Ecosystem	5.00%	5.00%	-

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