Balancer (BAL) Price, Marketcap, Chart, Exchange and History | CJsGo

Crypto Market Capitalization
  • Market Cap: $1,203.17 B
  • 24h Vol: $40.99 B
  • BTC Dominance: 44.59%

balancer Balancer (BAL)

$5.450
3.98% (24H)
Watch
Low 24H: $5.220 High 24H: $5.510
Market CapVolumeAvailable Supply
$225.04 M $4.45 M41.29 M BAL
ATHATH(% Change)ATH Date
$74.45-92.68%2021-05-04

Balancer (BAL) price currently is $5.450 with a marketcap of $225.04 M. Balancer (BAL) price is 3.98% up in last 24 hours.

Balancer is a non-custodial portfolio manager, liquidity provider, and price sensorThe 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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