Balancer Pools contain two or more tokens that traders can swap between. Liquidity Providers put their tokens in the pools in order to collect swap fees. Balancer adopts powerful features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom AMMs. Pools with high token-counts are like index funds, allowing users to have access to broad exposure to a variety of tokens. Where Balancer differs from the traditional notion of an index fund, however, is in the fees. ...