Three Steps to veBAL

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Introducing veBAL, Balancer’s Vote Escrowed Token Model and your key to extra earnings and voting power.

There are three steps to reach veBAL.

1. Bring your BAL and ETH and add liquidity to the BAL/WETH 80/20 Pool to receive Balancer LP tokens.

2. Lock your LP tokens to secure your veBAL.
• Tokens can be locked in for a period of 2weeks, 1month, 3months, 6months, & 1year.
• The longer you lock in your LP tokens, the more veBAL you earn.

3. And finally, Stake your veBAL tokens to access a host of benefits in Balancer’s new vote-escrowed system.

What is Balancer Protocol?
Balancer is an open-source protocol, automated portfolio manager, liquidity provider, and decentralized exchange. Built on the Ethereum blockchain, Balancer offers new solutions to the problems found on traditional and centralized exchanges. Developers leverage Balancer as a permissionless building block for DeFi innovation. Balancer’s mission is to become the primary source of DeFi liquidity by providing the most flexible and powerful platform for programmable liquidity.

Balancer’s technology facilitates the growth of a decentralized future. The V2 Vault architecture offers security, flexibility, capital efficiency, and gas efficiency, and its customizable AMM logic acts as a permissionless building block for projects creating innovative DeFi solutions.
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