Balancer Finance - What is It ?
Video from my friend. Check it. Balancer Finance ($BAL) has recently become a very hot subject for many involved in the DeFi yield farming/liquidity mining scene. In this guide, we explore what is yield farming and why it's attracting a significant amount of capital. Balancer ($BAL) is an automatic market maker (AMM) protocol that reduces the cost and slippage between trades of different cryptocurrencies. Balancer is a decentralized replacement for the traditional market-maker, a 3rd party entity that provides liquidity to traded assets.
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Do we have an automatic market maker in our internal market @kingscrown?
Great post!