Let's talk about @BalancerLabs. While it looks like an AMM on the outside, it is much more than that.
Let's dig into it
Let's dig into it
Unlike Uniswap, in Balancer you can adjust the *weights* and the trading *fees*
This interesting feature can be used as a portfolio manager. You can always keep your portfolio in a weighted manner.
Plus you get trading fees to rebalance the pool.
This interesting feature can be used as a portfolio manager. You can always keep your portfolio in a weighted manner.
Plus you get trading fees to rebalance the pool.
IMO, that's a least interesting thing about Balancer since the weight and fees cannot be updated once you create the pool.
But are they really constant once you create the pool?
Spoiler alert: THEY ARE NOT!
But are they really constant once you create the pool?
Spoiler alert: THEY ARE NOT!