Balanced v2 is now live.
Earn, borrow, and trade across 12 blockchains in seconds. Designed to be so intuitive, you’ll never need a tutorial.
Here’s why you should care. 👇
Balanced is excited to announce the ICON Community Airdrip program 💧💧
In collaboration with @helloiconworld, we're making sure that all $ICX holders have the chance to benefit from Balanced, read more below:
Launch update:
The only thing worse than a product delay is a rushed launch. We’re expecting a lot of traction, and want more time for testing to make sure we launch a secure and stable product 🙇♂️
We’ll announce the launch date in April with a 14-day countdown. Stay tuned!
The Balanced collateral pool now holds 10% of the $ICX circulating supply! 🎉 What an incredible milestone to reach after just 16 days.
From where we’re standing, the future for Balanced – and ICON – looks pretty bright. ☀️
In just over 50 hours, 10 million Balanced Dollars have already been created. The response has been unreal.
Other key stats:
TVL (collateral): $63.556 million
Borrowers: 1,423
TVL (DEX): $45 million
LPs: 358 (sICX/ICX), 966 (sICX/bnUSD), 599 (BALN/bnUSD)
Total fees: $ 150.7k
New liquidity pool incoming: BALN / sICX will be listed in 24 hours (around 8pm Pacific).
If you supply to this pool, your BALN will earn a share of network fees. If you just want to load up on BALN, you can swap sICX for BALN directly, without needing bnUSD as an intermediary.
Balanced’s primary audience is the ICON community, so step 1 in the adoption strategy is to get $ICX holders to use it. Step 2 is to reach the rest of the #crypto space.
Today, we’re thrilled to announce a strategic partnership that will help Balanced reach even further. 👇
Balanced is one month old today. Thanks to the $ICX community, we've already hit some incredible milestones:
- 50 hours to create 10,000,000 bnUSD
- 12 days to create 25,000,000 bnUSD
- 16 days to lock up 10% of the ICX circulating supply
And over 10,000 wallets hold $BALN. 💪