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# Home
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_Looking for the V2 docs? -->_ [_https://docs-v2.balancer.finance/_](https://docs-v2.balancer.finance/)\_\_
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**Balancer** is an automated **portfolio manager**, **liquidity provider**, and **price sensor**.
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Balancer turns the concept of an index fund on its head: instead of a paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities.

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