Phase 1 of Hexagon Finance is powered by Balancer V2.
Hexagon Finance allows users to trade tokens, create liquidity pools, and invest in existing pools while earning yields from trades. The goal is to become the leading platform for programmable liquidity on Avalanche.
Copper, fully in collaboration with Hexagon Finance, is providing an open and user-friendly way to participate in the Liquidity Bootstrapping Pool (LBP).
Balancer is an automated portfolio manager, liquidity provider, and price sensor that empowers decentralized exchange and the automated portfolio management of tokens.
Balancer turns the concept of an index fund on its head: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities.
Balancer is based on an N-dimensional invariant surface, which is a generalization of the constant product formula applied by Uniswap.
Balancer V2 brings powerful new features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom AMMs.
Copper is a platform for open, transparent, and user-friendly participation in Balancer and Hexagon Liquidity Bootstrapping Pools. An LBP is a permissionless price discovery mechanism that enables projects and ideas from across the world to distribute value to individuals without barriers to entry.