Cryptocurrency Q&A What is the difference between balancer and Uniswap?

What is the difference between balancer and Uniswap?

Nicola Nicola Thu Oct 24 2024 | 7 answers 1325
I'm trying to understand the distinction between balancer and Uniswap. I want to know how they differ in terms of their functionality, features, and use cases in the decentralized finance space. What is the difference between balancer and Uniswap?

7 answers

DigitalDragonfly DigitalDragonfly Sat Oct 26 2024
In essence, Uniswap pools are composed of just two assets.

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ShintoSanctum ShintoSanctum Fri Oct 25 2024
However, Balancer has expanded this concept.

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SamuraiCourageous SamuraiCourageous Fri Oct 25 2024
We can define W as the weight of a token in a Balancer pool.

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SolitudePulse SolitudePulse Fri Oct 25 2024
The crucial aspect is that the sum of all weights in a pool equals 1.

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BusanBeautyBlooming BusanBeautyBlooming Fri Oct 25 2024
They have formulated a method for creating pools with n assets.

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