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Balancer Ethereum Project Now Live on Mainnet


Balancer Ethereum mainnet launch went well, and the project is now live for ETH users. Ethereum mainnet Balancer launch has seen a muted response from the ETH community. The interest is likely to pick up once the COVID-19 market turmoil subsides. Balancer published its white paper in September 2019, and the launch was imminent ever since the ETH community took an interest in the project. The Balancer project is based on the Automated Market Makers model of Uniswap. Numerous liquidity pools are part of the Balancer implementation model and are very much similar to Uniswap. The differences end there! Unlike Uniswap, every liquidity pool in Balancer does not have to maintain a dedicated ETH. This is more in line with an index fund structure that is implemented in practical applications via a multi-asset construction. Read More...

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