Source. Crypto info.com
What is Balancer?
Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020.
It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider.
It allows users to earn profits through its recently introduced token () by contributing to customizable liquidity pools.