Balancer Labs (BAL) Awaiting to See Innovation Coming in 2022
Reportedly, 2021 proved to be a significant year at the Balancer Protocol. Balancer V2 launched, but that wasn’t the only thing they worked on. It is about time they unveil Balancer 2021 Wrapped after having talked ideas, integrations, and their visions for DeFi. They have spent 1295 minutes in AMAs.
Reportedly, “The core tenets of Balancer V2 are security, flexibility, capital efficiency and gas efficiency. Multiple tokens, customizable weights, set your own swap fees and you can create your own customized Weighted Pool on Balancer V2.”
There are useful videos about pool creation on Balancer for those who might need it.
They have made it to headlines by making it to 100+ major press stories published. They have put their thoughts in to words and the total Balancer users over time has increased. They have put their words in to actions.
They have had 9 products launched. They created 5 new Balancer pool types: 1. Weighted pools. 2. Stable Pools. 3. Metastable pools. 4. Boosted Pools. 5. LBP.
Projects were kickstarted using LBPs. About $834.4 million in funds has been raised by LBPs. About $28.2 billion was traded on Balancer. 2021 saw a thriving ecosystem of diverse teams building on Balancer Protocol. About 22+ projects have been built on Balancer.
Balancer Labs expressed: What an unbelievable year at Balancer, let’s take a look back at 2021 with Balancer Wrapped.
Thank you to the Balancer Community, the teams that Built on Balancer and contributed to the Balancer Ecosystem, every project who ran an LBP, every LP and trader, and our amazing team at BLabs. We can’t wait to see the innovation coming in 2022.
For those who are new, for investors, portfolios that generate yield and rebalance automatically are a plus. Balancer turns the concept of an index fund on its head: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders who rebalance your portfolio by following arbitrage opportunities. It is battle tested and secure; capital and gas efficient; earn BAL token incentives.
For traders, facilitates decentralized trade at optimal prices, Balancer enables efficient trading by pooling crowdsourced liquidity from investor portfolios and using its Smart Order Router to find traders the best available price. Exchange any combination of ERC-20 tokens permissionless-ly with ease. Provides for intelligent pricing, MEV protection, gas optimization and subsidies.
The automated portfolio manager and trading platform makes it easy to put crypto assets to work and to get the best prices for trades.
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