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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
Footnotes
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