Token Strength.

Token Utility:

Governance, Yield bearing for ve-Version.

Governance: decide over treasury, fees and liquidity mining rewards. Voting escrow (veBAL): 75% of protocol fees are paid to veBAL holders.

Low gas decentralised exchange, split of vault and pool logic leads to potentially deeper pools, flexibility of pool weighting.

Fees accrue to treasury and token holders decide over usage.

Collects fees from trades and withdrawals.

Details
Problems & Solutions	Interesting VE implementation where not the main token BAL is lock but the liquidity token, received for adding to the BAL/WETH pool. This ensures liquidity
Predecessors	Curve

Investment Take

... coming soon

2020-06-23
Token Launch
BAL launched and distributed.
2022-03-28
Launch of veBAL
Balancer launched voting escrow token veBAL requiring locking of BTP for voting rights and profit share.
2031-06-23
90% of FDV reached
Balancer has reached about 35% of its fully diluted valuation and it will be about 9 years until 90% of max supply is reached.