A warm welcome with ICONists ๐ซ
๐ข We are A DAO initiative providing a voice for the ICON community to help grow the ecosystem, drive @helloiconworld initiatives, provide feedback to projects and the foundation.
Watch this space for further updates! $ICX
Things I do with my $AVAX on @BalancedDAO
1.) Deposit $AVAX as collateral to borrow bnUSD
2.) LP $AVAX/bnUSD to earn $BALN rewards
3.) Stake borrowed bnUSD to earn the savings rate
Balanced brings new cross-chain opportunities to the ecosystem with native DeFi solutions that can remove the need for bridging or wrapping.
The team recently announced the arrival of bnUSD cross-chain loans to Avalanche.
So, what is @BalancedDAO? What makes it unique?
The markets are bleeding, but Balanced and bnUSD remain steady.
With over $1.6M of trading volume in the past 24 hours, the exchange has generated more than $2,600 in fees.
If youโve borrowed bnUSD, make sure to reduce your risk so you can weather the storm.
The ICON Network now holds 9256 $AVAX, contributing to Network Owned Liquidity for @avax on @BalancedDAO ๐บ
โ Regular acquisitions
โ Compounding of fees
โ Smoother cross-chain trades
Volatile day today.
ICON in its lane, liquidity doing its job and @BalancedDAO open for business.
Looking forward to seeing the burnt fees being reported over the next few days. $ICX $AVAX
I had a few loans on different chains, averaging around 8% interest. So, I decided to take action and optimize my strategy with https://t.co/owHKtGNg1W
@BalancedDAO releases cross-chain loans ๐ฆ
Unlock the value of your assets from any supported chain. Supply cross-chain collateral and borrow $bnUSD, wrapper-free ๐ธ
$AVAX $BNB $ETH $ICX
https://t.co/0KMKR6VHPj
Should this happen? ๐
Balanced is coming to $STX ๐ง in Q3 anyway and I wouldn't hate the prospect of lending $bnUSD on Zest (the #bitcoin liquidity protocol) either ๐
PS: linking source update in the next post.
@HAVAHofficial offers liquidity bribes for HVH/sICX on @BalancedDAO
Familiar with Balanced? EARN HAVAH BRIBES NOW @ https://t.co/AAwneox7Oc
New to Balanced? Learn how to make the most of HAVAH's incentives in our article below ๐
https://t.co/mV7TfG8r62
Congrats to leveling up your infra, HAVAH! I believe many Korean founder-led projects will follow HAVAH and join Balanced, one of the fastest growing native-swap DEX powered by ICON.
Korea's upcoming 'Virtual Asset User Protection Act' will force many crypto projects to seek new venue for trading activities. If you're a crypto founder, pls take a look at Balanced. Your new hub awaits.
@BalancedDAO has launched on @HAVAHofficial
Game On! ๐ HAVAH users can now explore a new horizon of interconnected blockchains with seamless value transfer
https://t.co/hJ2ViTpghk
Balanced and ICON GMP ๐ค @Hashlock_
External audits for @BalancedDAO's Solidity integrations are complete, following a thorough review by the Hashlock team.
Full Report below ๐
๐งต1\ Looking for a simple and elegant solution to fragmented liquidity?
@BalancedDAO could be coming to your preferred chain sooner than you know ๐
The ICON Network now hold 8012 $INJ, contributing to Network Owned Liquidity for @injective on @BalancedDAO
โ Regular acquisitions
โ Compounding fees
โ Smoother cross-chain trades
@monetiqe@fraxfinance@ethena@MakerDAO@0xfluid@aave@sparkdotfi@BalancedDAO up and coming and worth tracking.
- been live for years with proven stability
- multi-chain/VM approach
- recently enshrined by host chain - ongoing POL injections forever
- 15%+ savings rate from sustainable sources
https://t.co/yAiYkobPK5