Brainlet here

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Brainlet here Anonymous Wed Sep 2 08:59:15 2020 No.22125684 [Reply] [Original]

I get what a liquidity pools do on uniswap.
>People trade shitcoins
>Liquidity providers take part of transaction fee

Someone explain to me what the Balancer pools do
>Oh look, a pool of 50% BAL, 34% wBTC, 16% wETH
>24h Volume of $1.13m

Is this basically a DEX pool? Where does this volume come from? Traders between the 3 cryptos in pool? I don't get it.

>>	Anonymous Wed Sep 2 09:05:31 2020 No.22125830 Bump

>>	Anonymous Wed Sep 2 09:07:39 2020 No.22125881 >>22125684 somehow people arbitrage it to make the transactions happen

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