Balancer – Time To Buy Crypto

Is it a good time to buy Balancer right now?

Current Price: $6.95

Average Daily Volume

Balancer is currently ranked number 157 worldwide with a daily trading volume of $12,791,222.00, which it will make it super easy for you to sell your holdings of Balancer.

Rating: 5/5

Market Cap

Balancer has a total market cap of $272,397,362.00.

Rating: 5/5

Community

Balancer has 148,367 total followers in all its social media accounts.

Rating: 5/5

All Time High

Balancer is currently -90.66% from its highest price $74.45 on 2021-05-04.

Rating: 5/5

Price Potential

The Balancer price has the potential to increase to $2,373.57 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Balancer right now.

Overall rating: 5/5

How to buy Balancer today?

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What Is Balancer?

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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