• Market Cap
    $389.261B 3.43%
  • POW Market Cap
    $298.966B 5.69%
  • POS Market Cap
    $19.787B 2.40%
  • Masternodes Market Cap
    $1.249B 0.66%

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.

This data was last updated 2020-10-22 02:33:53 UTC

Details

MarketCap
100.307M
MarketCap 24hr Change
-0.40%
MarketCap Rank
94
Total Supply
37900000
Circulating Supply
8.208M
Volume
20.696M
ATH
37.01
Launched
N/A

Technical Details

Blockchain
N/A
Consensus
N/A
Staking APR
N/A
Block Time
N/A
Algorithm
N/A
$12.21
-1.04%
$100.307M
Marketcap
$20.696M
Volume
37.900M BAL
Total Supply
8.208M BAL
Circ. Supply
24H
-1.04%
7D
-14.74%
30D
-18.70%
Last 7D
-14.74%

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