What are the functions of BAL?

Modified on Sat, 18 Feb, 2023 at 9:15 PM

BAL tokens have 2 main functions:

1. Governance token - holders of the BAL coins are able to analytically propose policy and systematic changes for the Balancer’s team of developers, as well as vote for others’ proposals.

2. Liquidity poolrewards - when a user provides liquidity in a pool, they become a liquidity provider (LP) and receive rewards for their efforts.

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