BAL
Balancer
AUD
Market Cap
196.3M AUD
24H Trade Vol.
17.2M AUD
Total Supply
62.0M
Market Cap
196.3M AUD
24H Trade Vol.
17.2M AUD
Total Supply
62.0M
*$10 will be deposited to all new users’ accounts in an equal amount of BTC, following the users’ completion of the sign-up process and the initial deposit on the platform. For detailed information regarding the use of the platform, please refer to our Terms and Conditions available at https://help.coinstash.com.au/en/article/website-terms-and-conditions-gmyd3n/.
Buy Balancer (BAL)
Balancer is a multi-token automated market maker (AMM) that functions as a self-balancing weighted portfolio protocol. Users can deposit a ‘portfolio’ of coins into a liquidity pool. The unique function of BAL is that when users provide liquidity to the pool, users can provide multi-token liquidity with set percentage ratios between the different assets. This means that if one of the coins in the pool significantly increases in price, the smart contract function will automatically reduce the position and rebalance the value into the other assets to keep the set percentage ratio the same. Balancer allows for as many as eight tokens in a single liquidity pool. The BAL coin is the governance token which allows holders to vote on approving or declining proposals put forward by the Balancer community.
