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BAL to TRY Converter
How much Turkish lira ( TRY) is 1 Balancer ( BAL)?
Balancer
BAL
Turkish lira
TRY
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How does it work?
The Morpher currency calculator allows you to convert a currency from Balancer (BAL)
to Turkish lira (TRY) in just a few clicks at live exchange rates.
Simply enter the amount of Balancer you wish to convert to TRY and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 BAL, 5 BAL, 10 BAL, 50 BAL etc.
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Quick facts about Balancer
Balancer is a non-custodial portfolio manager, liquidity provider, and price sensor
The Balancer Protocol Governance Token (BAL) are distributed to Liquidity Providers of Balancer.
BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder.
The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year.
This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens.
This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.
BALs are a key way of decentralizing the governance of the protocol such that it can remain resilient over time, protected from the failure of any single stakeholder.
The proposed amount of distributed BALs to liquidity providers is 145,000 per week, or approximately 7.5M per year.
This means in the first year of BAL’s existence there would be 30% supply inflation off the initially allocated supply of 25M tokens.
This high rate of supply inflation is meant to kickstart the distribution of governance rights of the protocol out to those who earn it.
BAL Price Chart
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BAL to TRY price stats
24hr
-0.19%
7d
3.36%
30d
-6.60%
Over the past 30 days, Balancer has dropped -6.60% to TRY. The trend and price charts for the past
week shows that BAL has gained 3.36% to TRY and over the past 24 hours, BAL has dropped -0.19% to
TRY.