Balancer is live on Polygon!

Balancer is a leading and emerging asset management platform.

Balancer is a decentralised asset management platform. The self-balancing weighted protocol sets the AMM apart from the stock. Balancer also provides liquidity and price sensitivity services.

Balancer protocol enables users to earn trading fees by providing liquidity to various trading pools. Trading pools are basically multiple places where the liquidity can be chipped in by the users. Balancer uses a combination of multiple crypto assets which enables liquidity providers(LPs) to benefit from a variety of fund pools.

Super-Prudent Portfolio Manager

Liquidity providers can bundle up to 8 tokens in a pool. LPs get rewarded with BAL tokens, for the liquidity contributed. Polygon’s full-stack scaling is set to provide opportunities for users to benefit from faster transactions and lower gas prices. Balancer can act as super-prudent portfolio manager to give the best out of the available trades with an optimised gas price, boosting your take-away!

Learn more about Balancer

About Balancer

Balancer Protocol allows for automated portfolio management and providing liquidity, turning the concept of an index fund on its head: instead of paying fees to portfolio managers, you collect fees from traders who rebalance your portfolio by following arbitrage opportunities. Developers leverage Balancer as a permissionless building block to innovate freely and create new treasury management systems. Balancer Lab’s mission is to become the primary source of DeFi liquidity by providing the most flexible and powerful platform for asset management and decentralized exchange.

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Source ; blog.polygon

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