Balancer 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.

Symbol bal
Current Price $3.61000000
Market Cap $206,392,793
Market Cap Rank 293
24h Change -1.41%
Circulating Supply 57,228,898
Total Supply 63,564,073
All-Time High $74.45000000
All-Time Low $2.92000000
Twitter Followers 152,348
Last Updated 2024-06-09T15:04:54.118Z

Developer Data

Forks 163
Stars 321
Subscribers 35
Total Issues 145
Closed Issues 144
Pull Requests Merged 63
Pull Request Contributors 5
Commit Count (Last 4 Weeks) 0