Balancer
Balancer Basic Information
Symbol: BAL
Price: $1.3200
Volume: $11,524,318
Market Cap: $85,096,467
Fully Diluted Value: 91,283,098
Short Term Beta: For Premium Users Only
Beta: For Premium Users Only
Futures Curve: For Premium Users Only
Total Supply: 69,275,632
Type: Automated Market Maker (AMM), Decentralized Exchange (DEX), Decentralized Finance (DeFi), Exchange-based Tokens, Governance, Yield Farming
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Learn more about Balancer
Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor The Balancer Protocol Governance Token (BAL) are distributed to Liquidity Providers of Balancer. BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder. The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year. This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens. This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.