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Balancer (BAL) is the governance token of the Balancer protocol, used by holders to participate in decisions about the platform's development and fee structures. Traders commonly swap into or out of BAL when adjusting exposure to DeFi governance positions or rebalancing a portfolio that includes automated market maker tokens. Because BAL operates exclusively on Ethereum, the swap experience is straightforward with no network selection required.
Before swapping BAL, confirm that your receiving wallet or platform supports ERC-20 tokens on Ethereum — sending to an incompatible address could result in lost funds. Ethereum network conditions can affect how quickly a transaction is confirmed, so allow for some variability in settlement time rather than expecting instant finality in all cases. No memo or destination tag is needed when sending BAL. Zest shows you the estimated receive amount and the rate before you confirm, so review those figures carefully before proceeding. Make sure the destination address you provide is a valid Ethereum address, as BAL is only available on that network.
Ethereum
Balancer (BAL) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Balancer has a current supply of 72,368,512.92020285 with 69,788,917.29449507 in circulation. The last known price of Balancer is 0.0915611 USD and is down -0.66 over the last 24 hours. It is currently trading on 697 active market(s) with $162,743.39 traded over the last 24 hours. More information can be found at https://balancer.fi/.
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