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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Balancer

Token Value Capture: Moats, Growth and Protocol Fees | Chris Burnis...

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The latest ep of @thebellcurvepod features @fcmartinelli and @cburniske talking about building sustainable, value-accruing protocols 💥

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