BalancerBAL
Convert BAL to your currency
Last Updated on Sep 29, 2025 06:08 PM
What is Balancer?
About the coin
Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor. It operates on the Ethereum network and is designed to provide decentralized finance solutions. The Balancer Protocol Governance Token (BAL) is distributed to liquidity providers, playing a crucial role in the governance of the protocol.
Main features
The main feature of Balancer is its ability to allow users to create or add liquidity to customizable pools and earn trading fees. It supports multiple tokens in a single pool, offering flexibility and efficiency in managing digital assets. The protocol is designed to be resilient and decentralized, ensuring that it remains robust against the failure of any single stakeholder.
How it works
Balancer works by allowing users to create liquidity pools with up to eight different tokens. These pools automatically rebalance themselves, providing liquidity and earning fees for the pool creators. The governance of the protocol is decentralized through the distribution of BAL tokens, which are given to liquidity providers. The distribution rate is set at 145,000 BALs per week, aiming to decentralize governance rights effectively.
Wallet for Balancer
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Balancer
- Ethereum
- Avalanche
- Polygon Pos
- Arbitrum One
- Base
- Optimism
- Polygon Zkevm
- Gnosis Chain
Metrics
Insights
Price performance
Another
Balancer FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure Balancer with Tangem Wallet?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
Get Tangem
Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Balancer wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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