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Balmy
At the moment, the Project may be in preliminary stages (Seed, Private Sale, Presale, ICO). The information provided below may be inaccurate (Beta) and being updated.
Fundraising
See More- ICO Price
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- Funds Raised
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- Tokens Sold
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What is Balmy (Yield Aggregator)?
Balmy is a decentralized finance protocol that allows users and decentralized applications to execute Dollar Cost Averaging strategies between any two ERC20 tokens. The platform operates as an open system where participants can set custom time frequencies for their trades while maintaining full decentralization and privacy.
Which decentralized finance categories does the protocol cover?
The platform operates across multiple sectors within the decentralized finance ecosystem. It is primarily classified as a Yield Aggregator, while also functioning as a Lending Platform and a decentralized exchange.
Who invested in the Balmy funding round?
Gnosis participated in the project's capital raise as a venture capital investor. This single funding round was recorded on March 10, 2025.
How does the Dollar Cost Averaging mechanism work on this platform?
The protocol automates recurring token swaps by letting participants choose their preferred period frequency for converting one ERC20 asset into another. This open architecture ensures that both individual users and integrated applications can execute scheduled trades without relying on centralized intermediaries.
Does the protocol require personal information for token swaps?
The system executes automated trades without requiring participants to submit personal details to centralized entities. By operating as an open decentralized architecture, it ensures that user data remains private while processing scheduled ERC20 conversions.