{"id":1893,"date":"2022-01-28T09:15:21","date_gmt":"2022-01-28T09:15:21","guid":{"rendered":"https:\/\/www.grocrypto.io\/?post_type=review&#038;p=1893"},"modified":"2022-02-05T19:46:24","modified_gmt":"2022-02-05T19:46:24","slug":"balancer","status":"publish","type":"review","link":"https:\/\/www.grocrypto.io\/review\/balancer\/","title":{"rendered":"Balancer"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"1893\" class=\"elementor elementor-1893\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-11cc7e3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"11cc7e3\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-02e2a54\" data-id=\"02e2a54\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47a1c0f elementor-widget elementor-widget-heading\" data-id=\"47a1c0f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h1 class=\"elementor-heading-title elementor-size-xxl\">Balancer<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8145e6 elementor-star-rating--align-center elementor--star-style-star_fontawesome elementor-invisible elementor-widget elementor-widget-star-rating\" data-id=\"a8145e6\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"star-rating.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.elementor-star-rating{color:#ccd6df;font-family:eicons;display:inline-block}.elementor-star-rating i{display:inline-block;position:relative;font-style:normal;cursor:default}.elementor-star-rating i:before{content:\"\\e934\";display:block;font-size:inherit;font-family:inherit;position:absolute;overflow:hidden;color:#f0ad4e;top:0;left:0}.elementor-star-rating .elementor-star-empty:before{content:none}.elementor-star-rating .elementor-star-1:before{width:10%}.elementor-star-rating .elementor-star-2:before{width:20%}.elementor-star-rating .elementor-star-3:before{width:30%}.elementor-star-rating .elementor-star-4:before{width:40%}.elementor-star-rating .elementor-star-5:before{width:50%}.elementor-star-rating .elementor-star-6:before{width:60%}.elementor-star-rating .elementor-star-7:before{width:70%}.elementor-star-rating .elementor-star-8:before{width:80%}.elementor-star-rating .elementor-star-9:before{width:90%}.elementor-star-rating__wrapper{display:-webkit-box;display:-ms-flexbox;display:flex;-webkit-box-align:center;-ms-flex-align:center;align-items:center}.elementor-star-rating__title{margin-right:10px}.elementor-star-rating--align-right .elementor-star-rating__wrapper{text-align:right;-webkit-box-pack:end;-ms-flex-pack:end;justify-content:flex-end}.elementor-star-rating--align-left .elementor-star-rating__wrapper{text-align:left;-webkit-box-pack:start;-ms-flex-pack:start;justify-content:flex-start}.elementor-star-rating--align-center .elementor-star-rating__wrapper{text-align:center;-webkit-box-pack:center;-ms-flex-pack:center;justify-content:center}.elementor-star-rating--align-justify .elementor-star-rating__title{margin-right:auto}@media (max-width:1024px){.elementor-star-rating-tablet--align-right .elementor-star-rating__wrapper{text-align:right;-webkit-box-pack:end;-ms-flex-pack:end;justify-content:flex-end}.elementor-star-rating-tablet--align-left .elementor-star-rating__wrapper{text-align:left;-webkit-box-pack:start;-ms-flex-pack:start;justify-content:flex-start}.elementor-star-rating-tablet--align-center .elementor-star-rating__wrapper{text-align:center;-webkit-box-pack:center;-ms-flex-pack:center;justify-content:center}.elementor-star-rating-tablet--align-justify .elementor-star-rating__title{margin-right:auto}}@media (max-width:767px){.elementor-star-rating-mobile--align-right .elementor-star-rating__wrapper{text-align:right;-webkit-box-pack:end;-ms-flex-pack:end;justify-content:flex-end}.elementor-star-rating-mobile--align-left .elementor-star-rating__wrapper{text-align:left;-webkit-box-pack:start;-ms-flex-pack:start;justify-content:flex-start}.elementor-star-rating-mobile--align-center .elementor-star-rating__wrapper{text-align:center;-webkit-box-pack:center;-ms-flex-pack:center;justify-content:center}.elementor-star-rating-mobile--align-justify .elementor-star-rating__title{margin-right:auto}}.last-star{letter-spacing:0}.elementor--star-style-star_unicode .elementor-star-rating{font-family:Arial,Helvetica,sans-serif}.elementor--star-style-star_unicode .elementor-star-rating i:not(.elementor-star-empty):before{content:\"\\002605\"}<\/style>\n\t\t<div class=\"elementor-star-rating__wrapper\">\n\t\t\t\t\t\t<div class=\"elementor-star-rating\" title=\"4.9\/5\" itemtype=\"http:\/\/schema.org\/Rating\" itemscope=\"\" itemprop=\"reviewRating\"><i class=\"elementor-star-full\">&#xE933;<\/i><i class=\"elementor-star-full\">&#xE933;<\/i><i class=\"elementor-star-full\">&#xE933;<\/i><i class=\"elementor-star-full\">&#xE933;<\/i><i class=\"elementor-star-9\">&#xE933;<\/i> <span itemprop=\"ratingValue\" class=\"elementor-screen-only\">4.9\/5<\/span><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4f1ce6b elementor-drop-cap-yes elementor-drop-cap-view-default elementor-widget elementor-widget-text-editor\" data-id=\"4f1ce6b\" data-element_type=\"widget\" data-settings=\"{&quot;drop_cap&quot;:&quot;yes&quot;,&quot;_animation&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><a href=\"https:\/\/balancer.fi\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Balancer<\/span><\/a><span style=\"font-weight: 400;\"> is an automated market maker (AMM) developed on the Ethereum blockchain. You can use it for swapping ERC-20 assets without the need for a centralized entity.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cec67c3 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"cec67c3\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;none&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a href=\"#\" class=\"elementor-button-link elementor-button elementor-size-sm elementor-animation-pulse\" role=\"button\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">JOIN now<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-265ace9 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"265ace9\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-92a3460\" data-id=\"92a3460\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fdf6409 elementor-widget elementor-widget-image\" data-id=\"fdf6409\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.3 - 12-04-2022 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/balancer.fi\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img width=\"1895\" height=\"931\" src=\"https:\/\/www.grocrypto.io\/wp-content\/uploads\/2022\/01\/Screenshot_18.png\" class=\"attachment-2048x2048 size-2048x2048\" alt=\"\" loading=\"lazy\" srcset=\"https:\/\/www.grocrypto.io\/wp-content\/uploads\/2022\/01\/Screenshot_18.png 1895w, https:\/\/www.grocrypto.io\/wp-content\/uploads\/2022\/01\/Screenshot_18-300x147.png 300w, https:\/\/www.grocrypto.io\/wp-content\/uploads\/2022\/01\/Screenshot_18-1024x503.png 1024w, https:\/\/www.grocrypto.io\/wp-content\/uploads\/2022\/01\/Screenshot_18-768x377.png 768w, https:\/\/www.grocrypto.io\/wp-content\/uploads\/2022\/01\/Screenshot_18-1536x755.png 1536w\" sizes=\"(max-width: 1895px) 100vw, 1895px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ce49d35 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ce49d35\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-5d7e187\" data-id=\"5d7e187\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-537581a elementor-widget elementor-widget-heading\" data-id=\"537581a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-medium\">PROS<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-521e987 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"521e987\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;none&quot;}\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/www.grocrypto.io\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Fully decentralized market maker protocol<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">High liquidity<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Plug and play options<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Intelligent pricing<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Permissionless platform<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c5f3345\" data-id=\"c5f3345\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0f1565c elementor-widget elementor-widget-heading\" data-id=\"0f1565c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">CONS<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e8526e8 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"e8526e8\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;none&quot;}\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-times-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Accepts only ERC-20 tokens<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-times-circle\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">No live chat support<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5d4b471 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5d4b471\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cb7dcfa\" data-id=\"cb7dcfa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fbf898d reviewbodyp elementor-widget elementor-widget-text-editor\" data-id=\"fbf898d\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h2><b>Background Information About Balancer<\/b><\/h2><p><a href=\"https:\/\/balancer.fi\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Balancer<\/span><\/a><span style=\"font-weight: 400;\"> is an automated portfolio manager, liquidity provider, and price sensor.\u00a0 It enables portfolio owners to create Balancer Pools where traders can then trade against these pools. Balancer is still a relatively new liquidity provider (LP) in the decentralized finance (DeFi) space.<\/span><\/p><p><span style=\"font-weight: 400;\">It is based on an N-dimensional invariant surface which is a generalization of the constant product formula described by Vitalik Buterin and proven viable by the popular Uniswap dapp.<\/span><\/p><p><span style=\"font-weight: 400;\">The Balancer Protocol is a core building block of DeFi infrastructure\u2014a unique financial primitive and permissionless development platform. Balancer protocol functions as a self-balancing weighted portfolio, price sensor, and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.<\/span><\/p><h2><b>How to Get Started at Balancer?<\/b><\/h2><p><span style=\"font-weight: 400;\">Balancer is an Ethereum-based DeFi app. To invest and trade here, you&#8217;ll first need to set up an Ethereum Wallet. The different wallets supported by Balancer include Metamask, Wallet Connect, Coinbase, Portis, among others.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">These wallets are used to send, receive, and store digital assets. They come in different forms like an extension added to your browser, built-in your browsers, a part of hardware plugged into your computer, or even as an app on your phone. After making your setup, you can now start swapping different tokens at Balancer.\u00a0<\/span><\/p><h2><b>How do I Make my First Swap at Balancer?<\/b><\/h2><p><span style=\"font-weight: 400;\">After connecting a wallet, you can start trading at Balancer. Below is the step-by-step process:<\/span><\/p><p><b>Step 1: <\/b><span style=\"font-weight: 400;\">Visit the website of <\/span><a href=\"https:\/\/app.balancer.fi\/#\/trade\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Balancer<\/span><\/a><span style=\"font-weight: 400;\">, and click on the trade button.<\/span><\/p><p><b>Step 2: <\/b><span style=\"font-weight: 400;\">Next, you have to select or enter the trade token that you want to trade.<\/span><\/p><p><b>Step 3: <\/b><span style=\"font-weight: 400;\">Select the output token you want to receive.<\/span><\/p><p><b>Step 4:<\/b><span style=\"font-weight: 400;\"> Now, you have to enter the trade amount. Here, you can specify either an input amount or an output amount.<\/span><b>\u00a0<\/b><\/p><p><b>Step 5: <\/b><span style=\"font-weight: 400;\">You need to approve the token. After approving your token, you\u2019ll get an issue of an Ethereum transaction that will have a gas cost.\u00a0<\/span><\/p><p><b>Step 6:<\/b><span style=\"font-weight: 400;\"> After confirming the gas fees, you can make a swap. Click swap and approve the transaction.<\/span><\/p><p><b>Step 7:<\/b><span style=\"font-weight: 400;\"> Once your trade is successfully completed, you will get a receipt of your transaction.\u00a0<\/span><\/p><h2><b>How Does Liquidity Mining on Balancer Work?<\/b><\/h2><p><span style=\"font-weight: 400;\">Balancer Finance offers a community-focused Liquidity Mining Program that is maintained by a Liquidity Mining committee called \u201cBallers.\u201d Each week the \u201cBallers\u201d choose how token distributions are allocated to the pools. At the weekend, they vote for the liquidity mining program for the following week. If you want to check their progress, you need to go to Discord in the #liquidity-committee channel and follow their votes on their Snapshot voting space.<\/span><\/p><p><span style=\"font-weight: 400;\">To see which pools receive liquidity mining incentives, you need to click on the 3-star icon next to the pool position. You can move over the icon to see the breakdown in \u201cSwap Fees APR\u201d and \u201cLiquidity Mining APR\u201d.<\/span><\/p><h2><b>What Types of Fees Are There at Balancer?<\/b><\/h2><p><span style=\"font-weight: 400;\">Below are different types of fees at Balancer:<\/span><\/p><p><b>1. Trading Fees<\/b><\/p><p><span style=\"font-weight: 400;\">Traders have to pay some percentage of trading fees to the pool LPs (Liquidity Providers). This fee is set by the pool creator or dynamically optimized by Gauntlet. In addition, the Balancer governance can vote to introduce a protocol trading fee, which is a small percentage of the trading fee.<\/span><\/p><p><span style=\"font-weight: 400;\">For example, if a pool has a 1% fee, and governance introduced a 1% protocol fee- then, the total swap fee to the trader would remain at 1%; however, 0.99% would accrue to the pool\u2019s LPs, and 0.1% would accrue to the protocol fee collector contract.<\/span><\/p><p><b>2. Flash Loan Fees<\/b><\/p><p><span style=\"font-weight: 400;\">A small percentage of assets are used for flash loans from Balancer\u2019s vault- this is the protocol fee that accrues to the protocol for allocation by governance.<\/span><\/p><p><span style=\"font-weight: 400;\">At Balancer, all the protocol fees are set to zero at launch and can only be changed through governance.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1707dfb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1707dfb\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b1064cb\" data-id=\"b1064cb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-931bdc8 elementor-widget elementor-widget-heading\" data-id=\"931bdc8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions About SushiSwap<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-026d7d7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"026d7d7\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;none&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-96dff86\" data-id=\"96dff86\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0cc4471 align-at-right animated-slow uael-faq-box-layout-yes elementor-widget elementor-widget-uael-faq\" data-id=\"0cc4471\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;none&quot;}\" data-widget_type=\"uael-faq.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\t\t\t<div id='uael-faq-wrapper-133' class=\"uael-faq-wrapper\"> \n\t\t\t\t<div class=\"uael-faq-container uael-faq-layout-accordion\" data-layout=\"accordion\" >\n\t\t\t\t\t\t\t\t\t\t\t\t<div id=\"uael-accordion-31ef590\" class=\"uael-faq-accordion\" role=\"tablist\">\n\t\t\t\t\t\t\t\t<div class= \"uael-accordion-title\" aria-expanded=\"false\" role=\"tab\">                    \n\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon uael-accordion-icon-right\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-closed\"><i class=\"fas fa-angle-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-opened\"><i class=\"fas fa-angle-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<h3 class=\"uael-question-31ef590 uael-question-span\" tabindex=\"0\" id=\"uael-faq-1\">1. Is Balancer safe?<\/h3>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-accordion-content\" role=\"tabpanel\">\n\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t\t<span><p><span style=\"font-weight: 400;\">Balancer is a safe platform, and it has completed full audits with Certora, OpenZeppelin, and Trail of Bits.<\/span><\/p><\/span>\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div id=\"uael-accordion-28d6c42\" class=\"uael-faq-accordion\" role=\"tablist\">\n\t\t\t\t\t\t\t\t<div class= \"uael-accordion-title\" aria-expanded=\"false\" role=\"tab\">                    \n\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon uael-accordion-icon-right\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-closed\"><i class=\"fas fa-angle-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-opened\"><i class=\"fas fa-angle-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<h3 class=\"uael-question-28d6c42 uael-question-span\" tabindex=\"0\" id=\"uael-faq-2\">2. Is there a supply limit on BAL tokens?<\/h3>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-accordion-content\" role=\"tabpanel\">\n\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t\t<span><p><span style=\"font-weight: 400;\">The maximum total supply of BAL tokens is capped at 100 million. But, this does not mean that this limit will ever be reached. BAL token holders have the authority to decide if the distribution should end before hitting the cap.<\/span><b>3. What are the fees for trade at Balancer?<\/b><\/p><\/span>\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div id=\"uael-accordion-09afb22\" class=\"uael-faq-accordion\" role=\"tablist\">\n\t\t\t\t\t\t\t\t<div class= \"uael-accordion-title\" aria-expanded=\"false\" role=\"tab\">                    \n\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon uael-accordion-icon-right\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-closed\"><i class=\"fas fa-angle-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"uael-accordion-icon-opened\"><i class=\"fas fa-angle-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<h3 class=\"uael-question-09afb22 uael-question-span\" tabindex=\"0\" id=\"uael-faq-3\">3. What are the fees for trade at Balancer?<\/h3>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"uael-accordion-content\" role=\"tabpanel\">\n\t\t\t\t\t\t\t\t\t<span>\n\t\t\t\t\t\t\t\t\t<span><p><span style=\"font-weight: 400;\">Each pool at Balancer can have a different fee. The pools are extremely customizable, and the pool creator decides how high the fees should be. Usually, the fees range from 0.0001% to 10%. If you are using a Smart Order Router, the fees will always be taken into account when finding the best price.<\/span><\/p><\/span>\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"featured_media":1894,"menu_order":0,"template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"acf":[],"_links":{"self":[{"href":"https:\/\/www.grocrypto.io\/wp-json\/wp\/v2\/review\/1893"}],"collection":[{"href":"https:\/\/www.grocrypto.io\/wp-json\/wp\/v2\/review"}],"about":[{"href":"https:\/\/www.grocrypto.io\/wp-json\/wp\/v2\/types\/review"}],"version-history":[{"count":10,"href":"https:\/\/www.grocrypto.io\/wp-json\/wp\/v2\/review\/1893\/revisions"}],"predecessor-version":[{"id":2498,"href":"https:\/\/www.grocrypto.io\/wp-json\/wp\/v2\/review\/1893\/revisions\/2498"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.grocrypto.io\/wp-json\/wp\/v2\/media\/1894"}],"wp:attachment":[{"href":"https:\/\/www.grocrypto.io\/wp-json\/wp\/v2\/media?parent=1893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}