CCClub_17 🌐 ICONation PRep

ICONation PRep team member, ICONProject CM, ❤️ KPop & long drives 🎧

[Convexus 🌐 @Convexus_AMM]

If you'd like to learn more about Convexus, please read the Medium article below 👨‍🎓 #ICONProject $ICX

https://t.co/1Tv6nbasc7

[Convexus 🌐 @Convexus_AMM]

Hello ICON! The ICON Public Representatives have spoken. Thanks to CPS funding, we are bringing a decentralized market maker for automated liquidity to the ICON blockchain! We look forward to launching a synergistic DeFi app within ICON’s growing ecosystem. Until then, we build🏗️

[CCClub_17 🌐 ICONation PRep @CCClub_17]

🥳 Happy & Prosperous New Year #ICONProject FAMILY 🙌🥂

새해 복 많이 받으세요 😘

I’m back ~~~ 😜

Super excited for 2022 🚀

Let’s Go #ICONFamily $ICX

[Omm @ommfinance]

To help Omm flourish long-term, the community we build around it now is everything.

The Omm community #airdrop will help incentivise the right people to participate from the start. 💧👇

[Scott 🟠 @benny_options]

@BalancedDAO let’s goooo

$BALN $ICX

[Scott 🟠 @benny_options]

I can't sleep these days, too excited about what's to come for @BalancedDAO. Here's what's keeping me up at night.

$BALN $ICX

[Scott 🟠 @benny_options]

Over 30 comments and over 400 views in less than 24 hours, the @BalancedDAO community is straight 🔥.

Active governance is important for the longevity of a protocol, I have 0 doubts we'll achieve that.

$BALN $ICX

https://t.co/NXQcDnkDcZ

[SODA @sodaholders]

A new EVM compatible blockchain called "ICE" is coming to ICON. ICE will become the application hub for the #ICONProject w/ its own native token.

What does this mean for the $ICX community? Keep reading 👇

[Scott 🟠 @benny_options]

This is just... so important. Firstly, airdrop of $ICX tokens 1:1 with all $ICX holders. That's great and all, but the "why" is the most important, more below.

[Scott 🟠 @benny_options]

Quick update on @BalancedDAO priorities right now:

- Charts
- transaction history
- altruistic rebalancing contract
- Network fee distribution
- stats page

Shooting to have it all done by end of June, will update as we build, brick by brick 🧱

[CCClub_17 🌐 ICONation PRep @CCClub_17]

@benny_options Nice 💪

[Balanced @BalancedDeFi]

Community Poll live in our telegram room! Come make your voice heard on where the rewards for this new pool will come from:

Balanced Borrowers or Balanced LPs, vote below 👇

https://t.co/DyaME1tqbN

[CCClub_17 🌐 ICONation PRep @CCClub_17]

@BalancedDAO FYI @benny_options has just confirmed that there are NO issues paying back the loan, depositing/withdrawing collateral and/or liquidity also has NO issues.
Only issue is fee-generating transactions. Ie borrowing, swapping
Thanks for confirming this information 🙏🙏🙏

[Balanced @BalancedDeFi]

Balanced Dollars: 22,567,566

TVL (collateral): $141.6M
TVL (DEX): $80.4M
Total TVL: $222M

Borrowers: 2,564
LPs: 624 (sICX/ICX), 1,721 (sICX/bnUSD), 1,808 (BALN/bnUSD)

bnUSD holders: 3,868
BALN holders: 7,668

Fees: $495K
- 47K sICX
- 364K bnUSD
- 930 BALN

APY: 81% - 776%

[TonyDee @Tony_D__]

Almost half a million dollars worth of fees generated on
@BalancedDAO in just 11 days! $BALN $ICX $bnUSD

sICX = 46,841 ($114,808)
bnUSD = 360,519 ($360,519)
BALN = 924 ($13,246)
Total $ = $488,573

Stake your $BALN and receive part of those fees!

[CCClub_17 🌐 ICONation PRep @CCClub_17]

@crosschain_ @cryptoborgfa @bwhli @BalancedDAO If you’re just staking BALN to earn network fees, you also need to take out a loan of $50 bnUSD minimum as well

[CCClub_17 🌐 ICONation PRep @CCClub_17]

@cryptohappyguy @adflondon @benny_options Not to all LP providers .. just to those who provided LP during the ‘first 3 days’

[Balanced @BalancedDeFi]

Airdrop alert 💧💧
The Balanced team just distributed 15,000 $BALN to everyone who supplied liquidity during the first 3 days.
Back payment for missing rewards expected to follow by the end of the weekend.

[Min 🥤 @minhokim]

1/ I ❤️ how a grass root community is currently being built around @BalancedDAO. It feels like @ICONbetofficial but at a much larger scale with industry heavyweights @cmsholdings @FBGCapital backing the project. Others like @holaicon also pushing out content like 👇.

[Daeki Lee 🌐 @DaekiLee1]

Congrats to @BalancedDAO for killing it! A quick comparison to its equivalent protocols on Ethereum.

TLDR:
Synthetic protocol comparison (MC/TVL): Maker (0.4x), Synthetix (1.25x), Balanced (0.1x)
Dex comparison (MC/TVL): Uniswap (2.24x), Sushiswap (0.45x), Balanced (0.15x)