Balancer

Balancer is an Ethereum-based automated market-maker (AMM) protocol that allows users to add or create liquidity in the form of customizable pools and generate trading fees.

Balancer is an AAM (automated marker-maker) protocol for a variety of tokens. It enables the creation of Balancer Pools by portfolio owners against which other investors can trade. A typical pool contains between 2 and 8 tokens making up its entire value. The balancer is also amongst the newest DeFi (decentralized finance) liquidity providers (LP), launched recently in March 2020.