Holders 107414

0.001%

Meme Rank #713

⯆-372

Sentiment Rank #233

⯅300

Risk Coming Soon

N/A

Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor The Balancer Protocol Governance Token (BAL) are distributed to Liquidity Providers of Balancer. BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder. The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year. This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens. This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.

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Sector(s):

Farming

Near

Exchange

Harmony

Polygon

Financial

DeFi

Governance

Optimism

Arbitrum

Ethereum

Contract Addresses:

Ethereum Holders: 46021

Polygon Holders: 39460

Arbitrum Holders: 21933

FD Market Cap: $229.78 Mil

Avail Supply: 46165000

Total Supply: 46165000

Binance: $4.977

Coinbase: $4.98

Chainlink: $0