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Difference between revisions of "Balancer"
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The team behind the Balancer Protocol (Balancer Labs) has been in the DeFi space for several years and started Balancer as a research project in early 2018<ref>https://www.kraken.com/en-gb/learn/what-is-balancer-bal</ref>. The company has around 30 employees. | The team behind the Balancer Protocol (Balancer Labs) has been in the DeFi space for several years and started Balancer as a research project in early 2018<ref>https://www.kraken.com/en-gb/learn/what-is-balancer-bal</ref>. The company has around 30 employees. | ||
[[File:Balancer.png|thumb|Balancer]] | |||
The protocol has its own governance token BAL which has a veModel similar to [[Curve Finance]] , with the exception that users are locking 80/20 BAL/WETH BPT instead of just BAL. | The protocol has its own governance token BAL which has a veModel similar to [[Curve Finance]] , with the exception that users are locking 80/20 BAL/WETH BPT instead of just BAL. | ||