Strategies With BAL

On this page, you'll discover a list of investment strategies that include Balancer (BAL). Each strategy combines this asset with other cryptocurrencies, offering unique approaches to portfolio diversification. Explore the diverse strategies below and enhance your investment potential with ICONOMI.

Balancer is a DeFi protocol based on the Ethereum blockchain. It supports automatic market-making (AMM). Balancer is decentralized, allowing anyone to create a pool for any crypto asset with any parameters. Balancer’s native token, BAL, helps drive alignment and participation in the protocol. Balancer is similar to other decentralized exchanges (DEXs) but uses custom programs called smart contracts to ensure each pool retains the correct proportion of assets. Balancer offers more flexibility for yield farmers by supporting exotic yield farming pairs for holders of ERC-20 altcoins. The BAL token is used to incentivize participation in the decentralized governance of Balancer.