# Balancer

> AMMs made easy

Balancer helps traders swap tokens and liquidity providers earn fees through customizable automated market maker pools supporting multiple tokens with flexible weight distributions.

Balancer helps DeFi users trade tokens and manage liquidity through programmable automated market maker pools. Users can create pools with multiple tokens and custom weights, provide liquidity to earn trading fees, and access advanced features like yield-bearing token integration. Balancer reduces capital inefficiency in decentralized trading by enabling flexible pool configurations and automated portfolio rebalancing.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2019-08-01
- Profile: https://thegrid.id/profiles/balancer

## Products

- [Balancer V2](https://thegrid.id/profiles/balancer): Balancer V2 implements programmable liquidity pools through a unified Vault architecture, enabling customizable automated market making with weighted and stable pool types. The system supports pools with multiple tokens at arbitrary weights while managing token accounting and batch swaps through a single smart contract vault. (Decentralised Exchange, Live, Main Product)
- [Balancer V3](https://thegrid.id/profiles/balancer): Balancer V3 implements simplified custom pool creation through enhanced Vault architecture with transient accounting using EIP-1153, enabling re-entrant pool lifecycle hooks and native yield-bearing token support. The system provides developer infrastructure for building custom automated market makers with reduced code complexity. (Decentralised Exchange, Live)

## Assets

- [Balancer (BAL)](https://thegrid.id/profiles/balancer): BAL is the governance token of Balancer Protocol. It is used for voting in decentralized governance through veBAL, directing liquidity incentives to specific pools, and collecting protocol fees. Holders must lock BAL/WETH 80/20 pool tokens to receive veBAL, with voting power proportional to both the amount locked and the duration of the lock period, incentivizing long-term participation in protocol decisions. (Governance)

## Links

- [Main](https://balancer.fi)
- [Forum](https://forum.balancer.fi)
- [Governance](https://vote.balancer.fi)
- [Blog](https://medium.com/balancer-protocol)
- [Privacy policy](https://balancer.fi/privacy-policy)
- [Terms of Service](https://balancer.fi/terms-of-use)
- [Media Kit/branding](https://github.com/balancer/brand-assets)
- [Documentation](https://docs.balancer.fi)
- [Twitter / X](https://x.com/Balancer)
- [Discord](https://discord.balancer.fi)
- [YouTube](https://www.youtube.com/channel/UCBRHug6Hu3nmbxwVMt8x_Ow)
- [GitHub](https://github.com/balancer)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP