You could borrow against your Balancer tokens at rates as low as 6.46% APY. Open an account and transfer your BAL tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Balancer tokens to pay off the loan if necessary. The loan itself can be in a different currency to Balancer. USDT and USDC are popular loan currencies.
You could use your other crypto assets such as Bitcoin as collateral for a Balancer loan. You could borrow Balancer at rates as low as 6.46% APY. Open an account, transfer your collateral currency to the platform and then apply for a BAL loan. If you need some BAL tokens but don't want to sell your collateral tokens then this can be a useful option.
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