Blockchain platform Algorand today announced that Balancer, one of the largest automated market makers (AMM), will soon be available on Algorand to expand liquidity to its growing community.
This initiative explores how the Balancer platform can work in different environments, given the different trade-offs and characteristics of other innovative blockchains like Algorand.
Traditionally, exchange and liquidity have been time-consuming and expensive endeavors, and the market depth is not always justified. However, Balancer brings the type of innovation and decentralization in financial infrastructure that continues to drive service costs lower.
