Review on Balancer by Digital Convict
a protocol to zen people
With an open market on more than 60 exchanges, strategically placed on the top 10
of the most populars DEXs, surely you have seen a minimalist icon
that resembles three black stones. One on top of the other, in equilibrium, one smaller than the other forming a pyramid, these are the symbol of the price sensor! Balance!
With the 8M BALs circulating of the 100,000,000 total supply, represents perfectly the name what the founders choose to these ERC-20 token.
Due to its design and implementation of trading formulas, works perfectly to Swap, and exit fees make it one of the best
in any type of exchange.
However it has a great flaw, it is heavy as a stone! By this I mean that it is the slowest that I have used; The time it takes to complete each of your transactions, is the longest
; The time it takes you to send an amount from one account to another can make you feel like it will never arrive. Takes hours, literally hours & hours. If you want to save something in commissions and time does not matter to you, this is the ideal token.
But if time is important to you and you don't mind paying for it, this is not the token, it is the slowest of all.
Balance is a lot like a boy who goes to a party without notifying his parents, it's serious, if this is the first time you do withdrawals with him, don't wait up for him, he´s fine and he'ill arrive.
Pros
- Interoperabillity
Cons
- Slow transactions
