Balancer is a market maker on Ethereum, which is an exchange for trading ERC20 tokens without an order book. Balancer works similarly to other decentralized exchanges (DEX), such as Uniswap (UNI) and Curve (CRV). It is also possible to combine up to eight tokens into pools.

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Slippage is a central piece of DeFi terminology, but what actually is it? 

Find out all you need to know in the Balancer Ballers community report 👇

Slippage is a central piece of DeFi terminology, but what actually is it.