Review on Balancer by Amos joseph

Name: Balancer
Item: Balancer
Rating: 4

November 28, 2020

Balancer

Balancer
An automated market maker, balancer is an open source decentralized platform base on ethereum smart contract which can be used by users or holders of specified token like "Bal" to manage asset on various pool make special decision on the platform by making upvote in upcoming event and listing of token on the platform.
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Features in Balancer
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Balancer server as an intermediate protocol for programmable liquidity of crypto asset in which interested users can add their asset to earn additional profit on pools.
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It can be a medium used for customizing asset be used as a check balancer in making exchange of different asset, which can be traded against other pools.
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Being a smart contract project makes it easier to control pools base on arbitrary strategy.
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Support swapping of ERC20 token which can be done easily and directly from the platform.
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Support customization of token and pool where a user can be able to make specific change on their account.
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Balancer is a secure investment platform where users can increase their earning portfolio although there have been some previous case of theft on the platform, it is advisable for interested users who want to explore the platform to start with little capital.
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Pros

Using Bal an ERC20 token users can manage an automated market like pool management and trading of multiple crypto asset.
Support users voting and decision making.
Serves as programmable protocol liquidity control system
A secure investment ecosystem, well recommended platform to increase earning.

Cons