Balancer Balancer BAL
Balancer Price (BAL) Rank #208 $ 3.99 (USD) -7.93052%

Balancer (BAL) price graph

What is Balancer (BAL) ?

Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor The Balancer Protocol Governance Token (BAL) are distributed to Liquidity Providers of Balancer. BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder. The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year. This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens. This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.

What is the current price of Balancer (BAL) ?

The recent Balancer (BAL) price today is $3.99 USD. We update our BAL to USD on frequent basis. The current Balancer situation is down -7.93052% in last 24 hours. The current grepget rank is #208. Balancer has a circulating supply of 53,908,154.158514425 BAL coins and a max supply of 96,150,704.0 BAL coins.