BAL/WETH Price Stats
The current price of BAL (BAL/WETH) on Uniswap V3 (Arbitrum) is $6.50, the price is up -5.02% in the last 24 hours. Its 24-hour trading volume is reported to be at $873.57 with a total of 21 transactions. BAL/WETH contract address is 0x6f7341a7091329e8207eee04fd6638330bca2ee3, with a Fully Diluted Valuation (FDV) of $728.54K and a liquidity pool of $3,472.63.
About Balancer (BAL)
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.