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Dear Crypto Natives,
I’ve gotten permission from my friend Spencer Noon to share this recent Balancer AMA with Bankless members. (@spencernoon is a great follow on twitter btw). I wrote about Balancer a week ago and after learning more about their project, I feel even more strongly that this could become a very powerful money protocol for open finance.
In my words: a Balancer pool is an autonomous money robot that maintains a consistent balance between a set of assets by self-funding its own liquidity to preserve that balance. It doesn’t require an oracle. And it self-propagates.
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