Is balancer decentralized?

Remember, Balancer is decentralized, allowing for anyone to create a pool for any crypto asset, with any parameters. Ethereum users created pools for transfer fee/deflationary tokens, which burn a portion of the coins sent in transactions. The problem is that Balancer Labs warned against this, placing deflationary tokens in pools.

What is the price of balancer?

The price of Balancer has fallen by 3.05% in the past 7 days. In just the past hour, the price shrunk by 0.26%. The current price is $4.80 per BAL. Balancer is 93.59% below the all time high of $74.77. The current circulating supply is 50,663,010.855 BAL. This content is for informational purposes only.

How does balancer work?

Users who supply liquidity to a Balancer pool are rewarded with a native cryptocurrency called BAL, as well as a share of the trading charge paid to the network for the use of their funds. Additionally, these deposits provide the liquidity that allows users to trade cryptocurrencies on the platform.

What is the current circulating supply of balancer (Bal)?

The current circulating supply is 50,663,010.855 BAL. This content is for informational purposes only. Balancer (BAL) is an Ethereum token that powers the Balancer protocol, an automated market maker that lets anyone create or add liquidity to trading pools while earning customizable trading fees.