Can Balancer (BAL) make money from an Automated Portfolio Manager?— Market Mad House
Balancer (BAL) is an automated portfolio manager and trading platform built to turn the concept of an index fund on its head.
To explain, a traditional index fund charges investors fees to pay portfolio managers’ salaries. In contrast, they claim Balancer’s portfolios pay fees to investors. To elaborate, Balancer makes money by charging fees to traders who rebalance the portfolio by charging arbitrage fees.