The unmanaged portfolio management service Balancer has been launched on the Ethereum mainnet. According to the article published on the official blog, the newly released Balancer platform has a transaction DApp and a liquidity pool management DApp, which respectively support the exchange between any two supported tokens and the management of the existing liquidity pool. In addition, Balancer has a smart order routing that optimizes transactions between all Balancer liquidity pools. Currently, the DEX aggregator 1inch has started to obtain a small amount of liquidity from the Balancer, so far this has been used for testing purposes only. In addition, the Balancer team is looking to collaborate with other DEX projects, including 0xAPI, DEX.ag, and Totle. Earlier, Lianwen reported that Balancer Labs, an unmanaged portfolio management service, announced that it had completed a $ 3 million seed round investment led by Accomplice and Placeholder, with participants including CoinFund and Inflection. Balancer was founded in 2018 as a project under analysis company BlockScience. Inspired by Uniswap, Balancer found a unique opportunity to mobilize fragmented liquidity and developed an agreement consisting of multiple public and private liquidity pools. Balancer is essentially a universal implementation of Uniswap’s Automated Market Maker (AMM) model, and the concept has attracted wide interest from participants in the open financial ecosystem.