Balancer

Balancer
(BAL)

$6.91
(24h)‑$0.251293.51%

About

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.
Decentralized Exchange (DEX) TokenDeFiDAOYield FarmingAMMGovernance

BAL Statistics

Market Cap
$324.98M

24h Vol
$11.16M

Dominance
0.03%

Current Supply
47025901.37637895

Day's Range
$6.80$7.22

52 Week Range
$4.44$21.75

Rank
118

Max Supply
96150704

All Time High
$74.51

% down from ATH
‑90.73%

Days since ATH
645

ROI

1D
‑3.51%
1W
‑1.72%
1M
24.43%
3M
20.36%
6M
7.92%
1Y
‑55.24%