FAQs
Balancer Overview
Our technical indicators signal about the Bearish Bullish 40% market sentiment on Balancer, while the Fear & Greed Index is displaying a score of 37 (Fear). Over the last 30 days, Balancer has had 12/30 (40%) green days and 6.40% price volatility.
How does balancer make money? ›
There are two types of participants in Balancer: Liquidity providers and Traders. The liquidity traders provide the much-needed liquidity to the protocol. In return, the liquidity providers receive a share of fees that Balancer earns. They will also receive BAL tokens for providing liquidity.
What is the balancer protocol? ›
Balancer is an Ethereum-based Automated Market Maker (AMM) protocol that functions as a decentralized exchange (DEx) and a “self-balancing” portfolio management tool. Balancer's AMM provides traders with liquidity for their ERC-20 tokens.
How much is balancer polygon? ›
The live Balancer price today is $1.88 USD with a 24-hour trading volume of $5,781,815 USD.
Will balancer go up? ›
The site made a balancer price prediction for 2030 that saw it at $32, and one for 2040 that forecast it to stand at $64.01 that year. Next, CoinsKid had a BAL token price prediction that suggested the token could close 2022 at $5.31, then reach $7.54 by the end of 2023 and $10.26 a year from then.
What are the top 5 stable coins? ›
Top Stablecoins Coins Today By Market Cap
# | Name | 24H Volume |
---|
1 | Tether ( USDT ) | $20.63B |
2 | USDC ( USDC ) | $3.50B |
3 | Dai ( DAI ) | $56.00M |
4 | Ethena USDe ( USDE ) | $20.26M |
39 more rows
Has balancer ever been hacked? ›
The hacker sent a complex transaction to Ethereum Mainnet which caused an attack on one of the Balancer Pools. A several minutes later second transaction happened and also drained another Balancer Pool. We analysed what happened and created the following report.
Who is the founder of balancer? ›
The founders of Balancer, Fernando Martinelli and Mike McDonald, are veterans of the blockchain and DeFi space. They have a combined 20 years of experience in software and blockchain engineering, with a proven track record of success. Their mission is to make the world's assets accessible, secure, and cost-effective.
Why is Polygon so cheap? ›
So, how does Polygon make this cheaper? To cut gas costs, scaling solutions like Polygon process transactions on side chains. Polygon has the potential to handle up to 65,000 transactions per second, whereas Ethereum can process only up to roughly 17 transactions per second.
Is MATIC a buy or sell? ›
We prepared technical ratings for Polygon (MATIC): today its technical analysis shows the strong sell signal, and according to the 1 week rating MATIC shows the sell signal.
The live Polygon price today is $0.38 with a 24-hour trading volume of $15.43M. The table above accurately updates our MATIC price in real time. The price of MATIC is up 0.09% since last hour, down -1.01% since yesterday.
Which coin is best to hold now? ›
List of Best Crypto Coins to Buy Now and Hold for Long-Term Returns
- 5thScape (5SCAPE)
- Decentraland (MANA)
- Ethereum (ETH)
- Aave (AAVE)
- Polkadot (DOT)
- Chainlink (LINK)
What is the most reliable coin to invest in? ›
Top 10 Cryptos to Invest In September 2024
- Bitcoin (BTC)
- Ethereum (ETH)
- Binance Coin (BNB)
- Solana (SOL)
- Ripple (XRP)
- Dogecoin (DOGE)
- Polkadot (DOT)
- SHIBA INU (SHIB)
Which coin is worth to invest? ›
Bitcoin (BTC) – The Most Popular Cryptocurrency
The potential for Bitcoin as a long-term investment remains substantial, and the upcoming 2024-2025 cycle is expected to provide a significant lift to its price. Bitcoin is ideal for beginners or those looking for a low-maintenance investment.
Will Mask Network go back up? ›
Our most recent Mask Network price forecast indicates that its value will increase by 11.87% and reach $2.15 by September 09, 2024.