BKEX Global will list BAL (Balancer). The details are as follows:
- Trading pair: BAL/USDT
- Opening time of deposit: opened
- Opening time of trading: 2020/06/24 9:30 (UTC+8)
- Opening time of withdrawal: undetermined
- Introduction of BAL:
Balancer is an automated portfolio management program, a liquidity provider and price sensor.
Balancer subverts the concept of index funds: instead of paying portfolio managers to rebalance your portfolio, you charge traders and traders rebalance your portfolio by following arbitrage opportunities.
Balancer is based on N-dimensional, which is an extension of the constant product formula described by Vitalik Buterin and proved to be feasible by the popular Uniswap dapp.
Risk Warning: Digital assets are innovative investment products with great prices fluctuation. Please make a rational judgment on your investment ability and make investment decisions cautiously. BKEX Global will carefully select quality assets, but BKEX Global shall not be liable for guarantee, compensation, etc. for investment. We wish you a pleasant deal.
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