October 4, 2019, 7:00AM EDT
• 8 min read

Balancer: N Dimensional Automated Market Maker

Quick Take

  • The Balancer system is composed of numerous liquidity pools, public and private, which can support up to ’n’ assets and is not constrained by a uniform numeraire 
  • Although Balancer has yet to formally launch, the concept of a generalized Automated Market Makers has excited many observers in the ecosystem
  • The ability to replace Uniswap’s base numeraire — Ether — with an asset less exposed to impermanent loss is in itself an exciting development

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