Too Long; Didn't Read
Balancer is a decentralized exchange, an open-source protocol, and an automated portfolio manager. OlympusDAO has committed to moving $50 million of liquidity to Balancer Protocol following the consensual governance proposal. Protocols are increasingly requesting that their token public auctions be conducted in OHM. The maximum treasury distribution will be $25 million $OHM,. $12.5 million $DAI, and $12 million $ETH. Balancer's purpose is to become the most flexible and powerful platform for programmable liquidity to be the dominant source of DeFi liquidity.