CAR #010: Balancer V2 | Source

Community Approval Request #010: Balancer
Date: Fri, 8 April 2022
Author: DIA Core Team
Status: Approved

In this 10th Community Approval Request (CAR), the DIA DAO community will be voting to validate Balancer as a data source for the DIA Platform. DIA’s direct integration into centralised and decentralised marketplaces such as Balancer enables a broad and highly granular and customizable data and oracle offering for dApps.

Balancer is an automated market maker (AMM) that was developed on the Ethereum blockchain and launched in March 2020. It was able to raise a $3M seed round by Placeholder and Accomplice. Balancer protocol functions as a self-balancing weighted portfolio, price sensor and liquidity provider. It allows users to earn profits through its recently introduced token ($BAL) by contributing to customizable liquidity pools.

Link to the DIA Docs: Natively Sourced Data

Head over to Snapshot to vote


  • Vote: 8 April, 15 April 2022
  • Approval: 15 April, 2022