Balancer is a protocol for programmable liquidity.  It is now possible to transfer BAL and REN into the user’s Coinbase Pro account ahead of trading. Support for BAL and REN will be available in all Coinbase’s supported jurisdictions, with the exception of New York State and the U.K. Transfers are already open.

Coinbase Pro tweeted:  “Inbound transfers for BAL and REN are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT Tuesday October 6, if liquidity conditions are met.”

For now, inbound transfers are accepted for BAL and REN.  The sooner, the required supply of BAL and REN happens on the platform, trading on BAL-USD, BAL-BTC, REN-USD and REN-BTC order books will get launched in 4 phases like transfer-only, post-only, limit-only and full trading.

When anytime the new order books will not meet the assessment of Coinbase for a healthy and orderly market, they have to state that they will keep the book in one state for a longer period of time or suspend trading as per their Trading Rules.

Sydney Ifergan, the crypto expert tweeted:  “I know Balancer (BAL) as the Automated Market Maker, which works as a self-balancing weighted portfolio and price sensor.  Good for traders looking at arbitrage opportunities.”

Balancer (BAL) Automated Market Maker

Index Funds are a financial instrument and they have been around for quite some time.  Investors depend on different portfolio strategies to hedge their risk and to achieve diversification.

Index funds provide investors with a guarantee constant and eventually controlled exposure to a portfolio. When one of the assets out performs or under performs, the assets are respectively sold or bought to sustain its value share in relation to the total portfolio constant.

In the blockchain context, index funds and several other types of investment portfolios charge investors with a fee for managing and holding their funds. These fees are important to pay for the costs of actively rebalancing the index funds, which can be either by manual traders or by automatic bots.  This is one of the many kinds of portfolio management.

Balancer (BAL) being an Ethereum token powers the Balancer protocol, and therefore anyone will be able to create or add liquidity to the trading pools when earning customizable trading fees.

The Balancer pools will take up to 8 tokens and each token is capable of getting individually weighted within the pool. This in a way that one token will be able to make up for as little as 2% of the total.