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Balancer

Balancer
1 BAL =
 $ 7.01
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Market Capitalization:
273.74M $
Circulating supply:
39.06M BAL
Maximum:
55.03M BAL
Volume (24h):
7.90M $
Daily range:
6.92 - 7.17
Changes (7d):
+2.4%

Cryptocurrency Balancer (BAL)

The price for Balancer (BAL) cryptocurrency is currently 7.01 $ (15 min delay), daily range of currency change is 6.92 - 7.17 .
Last 24 hours news: trading volume - 7.90M $, price variance +1.11% .
The highest trading volume belongs to the pair BAL/USDT at the BTSE exchange

Project Website - https://balancer.finance/
Explorer of transactions - https://etherscan.io/token/0xba100000625a3754423978a60c9317c58a424e3d
Twitter Account - https://twitter.com/Balancer

Chart Balancer (BAL)

Current price Balancer (bal) 7.01 $
Market Capitalization 132.30M $
Trading Volume last 24h 13.82M $
Minimum exchange rate (24h) 2.13 $
Maximum exchange rate (24h) 2.29 $
Market cap rank № 405
Absolute maximum 74.45 $
Absolute minimum 1.55 $

Balancer Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
2.18 $
2.18$
0.28% 2.75M $ 2024-11-21 03:30:49
2
2.15 $
2.15$
1.06% 1.51M $ 2024-11-21 03:42:17
3
2.16 $
2.16$
0.09% 1.37M $ 2024-11-21 03:40:19
4
2.17 $
2.17$
0.6% 845.78K $ 2024-11-21 02:09:33
5
2.14 $
2.14$
0.46% 756.27K $ 2024-11-21 03:22:14

What is Balancer (BAL)

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.

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