Balancer Labs is a well-known player in the decentralized finance sector. It mainly focuses on automatic market-making and liquidity management. The balancer is a newly developed decentralized finance (DeFi) protocol that enables trading without the necessity of a middleman like an exchange by utilizing various crypto assets.
Native Token BAL Founders Fernando Martinelli, Mike McDonald Founded 2019 Headquarters Lisbon, Portugal
Key Features
Functions as a price sensor, liquidity supplier, and non-custodial portfolio manager.
Offers tools and sensors to make it easier to estimate cryptonewsnavigator.com, Golem, and Dai.