Cryptocurrency Q&A What is the use of balancer?

What is the use of balancer?

Enrico Enrico Sat Aug 03 2024 | 6 answers 1248
Could you elaborate on the purpose and functionality of Balancer? As a decentralized exchange, I understand it offers liquidity pooling and automated market-making capabilities, but how does it specifically benefit users and traders? How does it differentiate itself from other similar platforms in the cryptocurrency space? What is the use of balancer?

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