Balancer is a popular automated portfolio manager and decentralized trading platform for Ethereum.
What is Balancer?
Launched in March 2020, Balancer is one of the preferred automated market makers on Ethereum due to features such as self-balancing weighted portfolios that ensure capital efficiency and arbitrage opportunities. Liquidity providers can provide up to eight assets, weighted by percentage and rebalanced accordingly. Balancer pools are efficiently optimized to manage interactions smoothly between traders, pools, and liquidity providers with the aim of finding the best price across multiple pools.