Balancer

Balancer is a multi-token automated market maker (AMM) that operates as a self-balancing weighted portfolio protocol, liquidity provider, and price sensor. Built on the Ethereum blockchain, Balancer allows users to create or add liquidity for multiple assets simultaneously to customizable pools. The users earn trading fees in form of Balancer’s native token Balancer token (BAL).

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Impact Of Bitcoin Mining On Environment

Bitcoin mining is a highly energy-intensive process because it involves extremely powerful supercomputers to solve complex series of algorithms. As mining takes a lot of calculations and time, the miners are awarded bitcoins and, in this way, new bitcoins are added into the circulation. Mining is therefore considered a critical component of the maintenance and development of blockchain ledger.

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