Sim, destina-se a ser executado no SO convidado.
A small balloon module is loaded into the guest OS as a pseudo-device driver or kernel service. It has no external interface within the guest, and communicates with ESX Server via a private channel. When the server wants to reclaim memory, it instructs the driver to
inflate'' by allocating pinned physical pages within the VM, using appropriate native interfaces. Similarly, the server may
deflate'' the balloon by instructing it to deallocate previously-allocated pages.
(...)
Our balloon drivers for the Linux, FreeBSD, and Windows operating systems poll the server once per second to obtain a target balloon size, and they limit their allocation rates adaptively to avoid stressing the guest OS.