Balancer Bites: Balancer concepts explained in a digestible way
The team at Balancer Grants DAO is proud to announce the approval of the grant application by Zen Dragon to work on Balancer documentation.
The primary purpose of this Grant is to add to the repository of explainer documents. These documents serve to dive into areas of the Balancer whitepaper which are not always understood at first glance. These include describing the circumstances around the use of an equation as well as step by step use of the equation with guidance on how and why Balancer executes the underlying math. The two topics that will be outlined are the trading and liquidity providing formulas and a second price impact document which outlines how price impact is calculated when multiple tokens are deposited in a pool in an unbalanced proportion. An additional area that will be in scope for this grant is a build out of a community lead gitbook repository for documents such as these and links to excel templates or other tools that explain how the Balancer protocol functions. In terms of delivery milestones we would expect that the first paper would be delivered in February, the 2nd in March and the gitbooks site to be up and running by the end of March.
About Zen Dragon
Zen Dragon is a Defi advocate, Balancer community contributor, and community developer. In the past he was an educator in a mathematics department and used the skills developed there to convey complex topics in easy to understand ways. Ultimately his goal is for Balancer to feel approachable as a community and make potential investors feel confident and comfortable when using our protocol.
About Balancer Grants
The BAL Grant program is one way BalancerDAO promotes the development of the Balancer Protocol and Ecosystem.
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