Unpacking DeFi Summer: The 7 Key Liquidity Pools That Triggered a Financial Revolution

2. Balancer: The Flexible AMM

Balancer enhanced Uniswap's AMM model by offering more flexibility to liquidity providers. Unlike Uniswap, which requires a 50:50 token ratio, Balancer allowed up to eight tokens in varying proportions in a liquidity pool. This flexibility attracted a broader range of users, who appreciated the ability to customize pools to their needs. Balancer's unique offering added further momentum to the DeFi summer growth.