Balancer Finance ($BAL) has recently become a very hot subject for many involved in the DeFi yield farming/liquidity mining scene. In this guide, we explore what is yield farming and why it's attracting a significant amount of capital. Balancer ($BAL) is an automatic market maker (AMM) protocol that reduces the cost and slippage between trades of different cryptocurrencies. Balancer is a decentralized replacement for the traditional market-maker, a 3rd party entity that provides liquidity to traded assets.

Read more at https://boxmining.com/balancer/

#Ethereum #DeFi #Balancer

0:00 Introduction

2:06 Liquidity Mining / Yield Farming

4:16 Balancer Finance in Detail

7:09 Auto Rebalancing of Funds

8:04 $Bal governance token

8:53 Risks Involved

11:07 Conclusions

13:12 Ledger Giveaway

●▬▬▬▬▬▬▬Recommendations▬▬▬▬▬▬▬●

🔎Crypto Prices: https://www.coingecko.com/

🔒Hardware Wallet: http://boxmining.co/ledger

👍🏻Brave Browser: http://boxmining.co/brave

📲Binance Exchange : http://boxmining.co/binance

●▬▬▬▬▬▬▬▬▬▬Community▬▬▬▬▬▬▬▬▬●

Boxmining Official Website: https://www.boxmining.com/

Telegram Discussion Group: https://t.me/Boxdatamining

Telegram Announcements: https://t.me/boxminingChannel

Facebook Community: https://www.facebook.com/groups/CryptoSpartans/

●▬▬▬▬▬▬▬▬▬▬▬Social▬▬▬▬▬▬▬▬▬▬▬●

Instagram: https://www.instagram.com/boxmining/

Twitter: https://twitter.com/boxmining

Facebook: https://www.facebook.com/boxmining

Steemit: https://steemit.com/@boxmining

●▬▬▬▬▬▬▬▬▬▬Disclaimer▬▬▬▬▬▬▬▬●

I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.