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BAL Balancer thumbnail icon

$20.460 USD

0.00047763 BTC

0.00695028 ETH

Market CapTotal Value LockedDominanceMcap TVL Ratio
$221437313 USD$2965497282 USD1.74 %13.390

About Token Balancer thumbnail icon

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.

Coin Statistics

Price Change % 24H1.301%
24H High$20.710
24H Low$19.540
Market Rank240
Market Cap$221437313
Market Change 24H2836823.000%
Market Change 24H %1.298%
Circulating Supply10799858 bal
Total Supply44860000 bal
Total Value Locked$2965497282 USD
Dominance$1.74 USD
Mcap TVL Ratio13.390
All Time High$74.450
All Time High Change %$-72.458%
All Time High Date2021-05-04T13:35:02.000Z

Coin Scores

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