Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Balancer (BAL) is now available on KuCoin. Supported trading pairs are BAL/USDT, BAL/BTC and BAL/ETH.
Please take note of the following schedule:
- Deposits Effective Immediately (Supported Network: ERC20)
- Trading: 9:30 on September 3, 2021 (UTC)
- Withdrawal: 9:30 on September 4, 2021 (UTC)
Tags: DeFi, AMM, DAO
|Total Supply||Market Cap||Issue Date||Consensus Protocol|
|44,425,000 BAL||$338,198,970 USD||2020-06-23||ERC20|
|Circulating Supply||24hr Volume||Issue Price||Cryptographic Algorithm|
|10,799,858 BAL||$104,894,805 USD||$15.20||-|
* The key metric numbers are calculated as of September 2, 2021
Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.
Official Website: https://balancer.fi
Official Twitter: https://twitter.com/BalancerLabs
Know more: https://discord.com/invite/ARJWaeF
White paper: Click to view
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
The KuCoin Team
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