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Balanced Profile
Balanced

@BalancedDAO

9,021
Followers
11
Following
280
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1,991
Statuses

The stablecoin & exchange crafted for simplicity. Borrow bnUSD, swap crypto, supply liquidity, and transfer cross-chain.

Joined January 2020
Don't wanna be here? Send us removal request.
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@BalancedDAO
Balanced
17 days
Want to share Balanced with your friends, followers, or favourite traders? A picture is worth a thousand words, so let the new Balanced overview card do all the talking. Now available in the branding kit:
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@BalancedDAO
Balanced
3 years
It’s time. Balanced: coming to you live, April 25 at 6pm PDT. $ICX #DeFifortherestofus
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@BalancedDAO
Balanced
4 years
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:
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@BalancedDAO
Balanced
3 years
The decentralized bank of ICON is now open for business. Join us in the future. $ICX #DeFi #DeFiForTheRestOfUs
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@BalancedDAO
Balanced
3 years
We’re down to the final 24 hours. A huge thank you to everyone involved in getting Balanced over the finish line: @IcxStation @iconosphereprep @parrot9design @mousebelt @icondao @geometry_icon @helloiconworld
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@BalancedDAO
Balanced
3 years
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!
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@BalancedDAO
Balanced
3 years
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. ☀️
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@BalancedDAO
Balanced
4 years
We’re excited to have @BandProtocol in the ICON ecosystem, and we’ll be integrating their oracles into Balanced! #ICONProject $ICX #DeFi
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@BalancedDAO
Balanced
3 years
The first airdrip starts on May 3 at 12am Pacific (just under 24 hours). When it’s live, you can sign in here with your wallet to claim it:
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@BalancedDAO
Balanced
3 years
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
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@BalancedDAO
Balanced
3 years
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.
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@BalancedDAO
Balanced
3 years
We’re down to the final 24 hours. A huge thank you to everyone involved in getting Balanced over the finish line: @IcxStation @iconosphereprep @parrot9design @mousebelt @icondao @geometry_icon @helloiconworld
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@BalancedDAO
Balanced
3 years
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. 👇
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@BalancedDAO
Balanced
3 years
Who's excited for the $BALN Airdrip?? Credit to @ICONPinas for help with the video 💪 #ICONProject $ICX $BALN
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@BalancedDAO
Balanced
3 years
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. 💪
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@BalancedDAO
Balanced
3 years
The first $BALN token distributions have been accomplished. Welcome to the Balanced DAO, we look forward to working together. #DeFiForTheRestOfUs
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@BalancedDAO
Balanced
3 years
Update: We have squashed this bug. Distribution was successful today. The next step is to calculate $BALN owed from previous days and distribute. Please allow us a few days to properly calculate, test, and distribute these rewards. We will follow up regularly with updates.
@BalancedDAO
Balanced
3 years
Update: We are still developing the fix for this issue, so $BALN rewards are also inaccurate today for liquidity providers. Rest assured, all $BALN rewards will be distributed, we are tracking all data. We appreciate your patience, and we look forward to squashing this 🪲🔍
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@BalancedDAO
Balanced
3 years
Thanks for your patience. The $BALN airdrip is now live. 💧 Sign in to within the next 7 days to claim your share. If you’re on a computer, use ICONex or a Ledger in a Chrome-based browser. If you’re on mobile, use the MyIconWallet app browser.
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@BalancedDAO
Balanced
3 years
The BALN/bnUSD pool is now active! You can buy $BALN here: We burned the private keys used to supply the initial liquidity, so we can’t remove it. 🔒
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@BalancedDAO
Balanced
3 years
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. 👇
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@BalancedDAO
Balanced
3 years
Balanced is a multi-purpose finance platform. There are many ways to use it, each with a varying level of risk. If you’re not sure how to take advantage of everything Balanced has to offer, here are some use cases and the risks to be aware of for each. #DeFiForTheRestOfUs
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@BalancedDAO
Balanced
3 years
Only 1% of crypto investors use DeFi. When we started Balanced, our goal was to create a decentralized finance product the other 99% could actually use. A thread.👇 $ICX $BALN #DeFiForTheRestOfUs
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@BalancedDAO
Balanced
3 years
It’s time. Balanced: coming to you live, April 25 at 6pm PDT. $ICX #DeFifortherestofus
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@BalancedDAO
Balanced
3 years
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.
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@BalancedDAO
Balanced
3 years
The final day of 100K BALN rewards has been distributed. The total supply is now 6 million. From tomorrow, BALN distribution will decrease by 0.5% each day. The journey to 1,250 BALN a day (below 2% inflation) has begun. 🎉
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@BalancedDAO
Balanced
3 years
Balanced will be offline today from 1pm UTC while the ICON blockchain completes its 2.0 upgrade. We should be back up and running around 4 hours later, but we’ll keep you updated on Twitter. Thanks for your patience.
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@BalancedDAO
Balanced
3 years
The Swap section has been enhanced. You can now: - Click to swap your full balance - Reverse the pair - Gauge the price impact - Review the exchange rate and fee in advance - Save the slippage tolerance value
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@BalancedDAO
Balanced
3 years
We’re ready for ICON’s 2nd #DeFi product launch. Are you? To make it easy for everyone to get involved, we’ll list an IUSDC/bnUSD pool when Omm launches. We’ll also work with the Omm team to list 3 liquidity pools on August 31: OMM/sICX, OMM/USDS, and OMM/IUSDC.
@ommfinance
Omm
3 years
@BalancedDAO is the flagship #DeFi product for ICON. Was Omm designed to be its rival? Quite the opposite. In fact, without the Balanced exchange, it would have been much harder to get the liquidity we need to grow. Here’s how Omm leverages it. 👇
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@BalancedDAO
Balanced
3 years
Transaction routing is live. You can now swap between assets in a single trade, even if there's no direct liquidity pool. Balanced will pick the route with the best price, every time.
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@BalancedDAO
Balanced
3 years
And we’re back online. Congrats to the ICON team for a smooth 2.0 upgrade. 💪
@BalancedDAO
Balanced
3 years
Balanced will be offline today from 1pm UTC while the ICON blockchain completes its 2.0 upgrade. We should be back up and running around 4 hours later, but we’ll keep you updated on Twitter. Thanks for your patience.
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@BalancedDAO
Balanced
3 years
It's now been 5 weeks since the Balanced launch. Check out this post for some of the launch highlights, and a deeper focus on one of our strategic partners, @BandProtocol :
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@BalancedDAO
Balanced
3 years
Balanced gives $ICX a new role: collateral for synthetic assets, like Balanced Dollars. bnUSD is always worth 1 USD, so it’s suitable for payments, grants, and as the default currency for apps on the ICON Network. The more it’s used, the more ICX is removed from circulation...
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@BalancedDAO
Balanced
3 years
How to earn an ~11% annual return with Balanced: 1. Deposit ICX as collateral. That’s it. Your deposited amount will increase each day based on the ICON Network reward rate. Learn how this works. 👇 $ICX $BALN #DeFiForTheRestOfUs
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@BalancedDAO
Balanced
3 years
Over 1 million transactions have now been made on Balanced, resulting in over $2 million in fees. The numbers are on the rise. 🎉
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@BalancedDAO
Balanced
3 years
Update: We’re configuring the liquidity pools and making sure everything is working properly on Mainnet. We’ll share the link here as soon as it’s ready. Thanks for your patience!
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@BalancedDAO
Balanced
3 years
Balanced has been live for just 4 days. Here's how we're tracking so far: Balanced Dollars: 13,770,211 TVL (collateral): $90.3 million TVL (DEX): $65.2 million Borrowers: 1,845 Liquidity providers: 554 (sICX/ICX), 1,241 (sICX/bnUSD), 1,037 (BALN/bnUSD) Total fees: $239.7k
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@BalancedDAO
Balanced
3 years
The first vote of the Balanced DAO has ended with a 99.61% approval rate. Over 85% of staked BALN participated. More than $1M of network fees has been split 60/40 between eligible $BALN holders and the DAO fund. Network fees will now be paid out daily.
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@BalancedDAO
Balanced
3 years
Before Balanced can take on other DeFi products, it has some competition closer to home: the ICON wallet. Staked ICX earns ~11% a year, but unstaking is high friction: it takes ~7 days and you don’t earn rewards. To encourage action, we had to make Balanced even more appealing.
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@BalancedDAO
Balanced
3 years
Only 1% of crypto investors use DeFi. When we started Balanced, our goal was to create a decentralized finance product the other 99% could actually use. A thread.👇 $ICX $BALN #DeFiForTheRestOfUs
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@BalancedDAO
Balanced
3 years
The Geometry release is scheduled for June 26 (Pacific). This release will include: - Price charts - Transaction history - Statistics page - Network fee vote + distribution functionality We also plan to release a development update each month for greater transparency.
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@BalancedDAO
Balanced
2 years
Balanced is 1 year old. 🎂 It's been an eventful journey filled with ups and downs. But while many projects have been hacked or the founders moved on, Balanced is still here, and the founders are still building. Let's celebrate how far Balanced has come since launch.🧵
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@BalancedDAO
Balanced
3 years
Update: LP Rewards that were owed from the first three days have been successfully backfilled. Unlike the previous airdrop, these rewards are claimable through the Balanced application itself just like the daily $BALN mining rewards. Thank you for your patience and support 🙏
@BalancedDAO
Balanced
3 years
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.
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@BalancedDAO
Balanced
5 years
The Balanced Team is excited to officially announce our $ICX DeFi project! Please read the blog post below to learn more about the collaborative effort between @IcxStation , @parrot9design , @gedanziger , and @dbrehmer .
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@BalancedDAO
Balanced
3 years
The Geometry Release is live! Get your fill of data with these new features: - Price charts - Activity history - Statistics page () And vote to distribute Balanced network fees. 👇
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@BalancedDAO
Balanced
3 years
It’s now easier than ever to earn network fees: stake BALN and/or supply it to a liquidity pool. That’s it. BALN stakers are automatically eligible: the requirement to borrow at least 50 bnUSD and stay below the reward threshold has been removed.
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@BalancedDAO
Balanced
3 years
Looking forward to welcoming @ommfinance community to the Balanced DEX. You'll be able to supply liquidity and trade $OMM tokens. $BALN stakers/LPs get ready to be earning $OMM from the trading fees. The composability of #ICONProject DeFi starts here.
@ommfinance
Omm
3 years
Omm partners with the ICON Foundation to support the ICON Community Airdrip program, so all $ICX holders can benefit from, and play a role in, its success.
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@BalancedDAO
Balanced
3 years
Craft tokens are now available on Balanced. 🙌 The new CFT / sICX liquidity pool is incentivised by $CFT – stake your LP tokens on @craftdotnetwork to earn some. Congratulations to the Craft team for reaching this milestone.
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@BalancedDAO
Balanced
3 years
Attention Balanced DAO members! We are aware of an issue regarding distribution of $BALN rewards. Some rewards have not been distributed yet. Rest assured, we expect everybody to have the correct amount of rewards within the next few days. Thank you for your patience 🙏
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@BalancedDAO
Balanced
3 years
Update: Fixed $BALN rewards are now available to claim. We don't expect this bug to occur again. Thank you to our incredible community for the patience and support.
@BalancedDAO
Balanced
3 years
Update: We are working on a hot-fix that will fix the symptoms of the issue but are still exploring the root cause. The hot-fix will also prevent the issue from stopping the app in the future for an extended period of time.
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@BalancedDAO
Balanced
3 years
All accrued $BALN will be distributed, plus more, for the patience and support of our dedicated liquidity providers 💎🙏 We love our community, thank you for the support.
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@BalancedDAO
Balanced
3 years
We appreciate @BandProtocol ’s dedication to our project and look forward to continued synergies as Balanced evolves 🙏🏼
@BandProtocol
Band Protocol
3 years
🚀 Congratulations to our partners @BalancedDAO on reaching $259M TVL which is secured by $BAND oracles! Watch out for our upcoming post-launch announcement and collaborative expansion plans!
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@BalancedDAO
Balanced
3 years
$METX is now on Balanced. 🙌 There are 4 liquidity pools available: - METX / bnUSD - METX / sICX - METX / IUSDC - METX / USDS Like all new pools, liquidity will start low, so be mindful of slippage and impermanent loss.
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@BalancedDAO
Balanced
3 years
Update: We are still developing the fix for this issue, so $BALN rewards are also inaccurate today for liquidity providers. Rest assured, all $BALN rewards will be distributed, we are tracking all data. We appreciate your patience, and we look forward to squashing this 🪲🔍
@BalancedDAO
Balanced
3 years
Attention Balanced DAO members! We are aware of an issue regarding distribution of $BALN rewards. Some rewards have not been distributed yet. Rest assured, we expect everybody to have the correct amount of rewards within the next few days. Thank you for your patience 🙏
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@BalancedDAO
Balanced
3 years
Day 5 stats. Balanced Dollars: 16,046,062 TVL (collateral): $101 million TVL (DEX): $69.67 million Borrowers: 2,015 Liquidity providers: 620 (sICX/ICX), 1,322 (sICX/bnUSD), 1,127 (BALN/bnUSD) Total fees: $296k
@BalancedDAO
Balanced
3 years
Balanced has been live for just 4 days. Here's how we're tracking so far: Balanced Dollars: 13,770,211 TVL (collateral): $90.3 million TVL (DEX): $65.2 million Borrowers: 1,845 Liquidity providers: 554 (sICX/ICX), 1,241 (sICX/bnUSD), 1,037 (BALN/bnUSD) Total fees: $239.7k
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@BalancedDAO
Balanced
3 years
According to @naval : to get wealthy, own a piece of a business. You can own a piece of a bank with Balance Tokens. Balanced is a #DeFi platform that operates as a #DAO , governed by Balance Token holders. Participate to earn $BALN and help us shape the future of finance.
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@BalancedDAO
Balanced
3 years
Before Balanced can take on other DeFi products, it has some competition closer to home: the ICON wallet. Staked ICX earns ~11% a year, but unstaking is high friction: it takes ~7 days and you don’t earn rewards. To encourage action, we had to make Balanced even more appealing.
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@BalancedDAO
Balanced
3 years
4 new liquidity pools are now live on Balanced: - IUSDC / bnUSD - OMM / sICX - OMM / IUSDC - OMM / USDS
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@BalancedDAO
Balanced
3 years
Balanced has now been live for 1 week. 🎉 Balanced Dollars: 16,466,909 TVL (collateral): $99.72M TVL (DEX): $81.72M Borrowers: 2,192 Liquidity providers: 420 (sICX/ICX), 1,324 (sICX/bnUSD), 1,181(BALN/bnUSD) bnUSD holders: 3,108 BALN holders: 2,647 Total fees: $343,262
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@BalancedDAO
Balanced
3 years
We just dropped our September update – and it's on the new Balanced blog. There's a lot to cover in this one, including community proposals, rebalancing updates, DAO financial statements, and a preview of how the boosted BALN mechanism will change the UI.
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@BalancedDAO
Balanced
3 years
Ready for $USDT on Balanced? The IUSDT/bnUSD liquidity pool will launch around 8pm Pacific (7 hours from now). If you want to supply liquidity to this pool, learn how to get USDT onto ICON via @Orbit_Chain :
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@BalancedDAO
Balanced
3 years
The vote has ended, and the changes have been executed. The LTV is now 35%, so you can borrow even more bnUSD against your collateral, while still earning $BALN.
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@BalancedDAO
Balanced
3 years
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%
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@BalancedDAO
Balanced
3 years
Now ranked #44 based on 24 hour volume. All it needs now are some reviews. $BALN $ICX fam, you know what to do.
@chain_doctor
Bitcoin (Biochemist) Rationalist
3 years
@BalancedDAO is sitting at #50 on . Only #ETH #BSC and #TRX have dApps in the top 50. #BALN is putting #ICX on the map
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@BalancedDAO
Balanced
3 years
What has the Balanced team accomplished in the last month? What are we focused on next? Find out more in our project update for July:
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@BalancedDAO
Balanced
3 years
Give a warm welcome to @geometry_icon , who've joined Balanced as a full-time contributor. Geometry created Balanced’s infrastructure, so this move cements their place as a core team member. They now hold worker tokens (BALW), and have been delegated some of the staked ICX.
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@BalancedDAO
Balanced
3 years
Should Balanced limit the network fee assets to BALN, bnUSD, and sICX? All fees collected from other assets would be converted to BALN before they’re distributed. It’s going to a vote on Monday, starting at 10am Pacific. View the discussion here:
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@BalancedDAO
Balanced
3 years
The BIP6 changes are now live. Within the next 48 hours, you’ll receive network fees in only 3 currencies: BALN, bnUSD, and sICX. Transaction routing will be released in the next day or two, after we resolve a bug that caused some trades to fail.
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@BalancedDAO
Balanced
8 months
It’s time. Balanced has landed on @archwayHQ . Swap cross-chain, supply sARCH liquidity, and transfer bnUSD & sARCH between ICON and Archway. Visit to get started.
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@BalancedDAO
Balanced
3 years
Congratulations to the Omm team for reaching this milestone. We’re counting down the days until launch. In 2 weeks from now, you’ll get to diversify your holdings with 3 new assets on the Balanced exchange: OMM, USDS, and IUSDC. We’re ready, are you?
@ommfinance
Omm
3 years
ICON’s first money market opens August 24 around 5am UTC. Let the 7 day countdown begin. $ICX $OMM #DeFi #openfinance #moneymarket
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@BalancedDAO
Balanced
3 years
Attention Balanced Users: We are looking into the issue some are having when sending transactions. We are aware of the error: "Fail - BalancedRewards: Zero or negative..." Thank you for your patience, we'll follow up when the issue is resolved
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@BalancedDAO
Balanced
3 years
Balanced Dollars: 25,469,313 TVL (collateral): $156M TVL (DEX): $103M Total TVL: $259M Borrowers: 2,649 LPs: 688 (sICX/ICX), 1,725 (sICX/bnUSD), 1,876 (BALN/bnUSD) bnUSD holders: 4,016 BALN holders: 8,017 Fees: $563K - 51,434 sICX - 408,829 bnUSD - 1,002 BALN APY: 77% - 741%
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@BalancedDAO
Balanced
3 years
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
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@BalancedDAO
Balanced
4 years
Here are the basics: ✅ The first drip will be 1 week after launch ✅ Delegated $ICX holders can claim $BALN from our website every week ✅ More $ICX you delegate, bigger your drip ✅ If you don't claim your tokens, you lose them ✅ Unclaimed tokens are added to the next drip
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@BalancedDAO
Balanced
3 years
Many Balanced users have asked if they are eligible for the $ICE and $ICZ airdrop. All users with ICX or sICX are eligible. This includes liquidity providers and borrowers.
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@BalancedDAO
Balanced
2 years
All core Balanced smart contracts are now in Java. 🙌 This milestone has been months in the making. Thanks to everyone involved for a job well done. 💪 Here's what the Java update means for you. 🧵
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@BalancedDAO
Balanced
3 years
What do these partners add to Balanced’s strategy? In addition to their wide range of experience, they’ll act as advisors and liquidity providers, and drive growth through industry relationships, access to other geographies, and more. Read more here:
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@BalancedDAO
Balanced
3 years
Balanced’s main purpose is to create synthetic assets for the ICON ecosystem. Borrowers earn 25% of the daily Balance Tokens, while liquidity providers earn 45%. Why does Balanced reward liquidity providers so highly? And what does it mean to provide liquidity?
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@BalancedDAO
Balanced
3 years
Balanced is a decentralized finance product run by smart contracts. It’s risky, just like everything else in #DeFi / #crypto . We can’t deny the risk, and it’s irresponsible to ignore it. All we can do is be transparent, and minimize the attack surface as much as possible...
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@BalancedDAO
Balanced
3 years
Continuous rewards will be Balanced’s largest upgrade since launch, so the developers are taking care to work through as many scenarios as possible to make sure it will be stable in the mainnet environment. If all goes well, the plan is to deploy the upgrade sometime next week.
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@BalancedDAO
Balanced
3 years
The IUSDT/bnUSD liquidity pool is now live. 🙌 With IUSDT, it’s easier to take advantage of arbitrage opportunities. - Swap bnUSD for IUSDT - Use @Orbit_Chain to convert IUSDT to $USDT - Send USDT to an exchange like @Binance to trade
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@BalancedDAO
Balanced
3 years
Ready for $USDT on Balanced? The IUSDT/bnUSD liquidity pool will launch around 8pm Pacific (7 hours from now). If you want to supply liquidity to this pool, learn how to get USDT onto ICON via @Orbit_Chain :
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@BalancedDAO
Balanced
3 years
51 hours in, 78.56% of staked $BALN have already voted on the network fee proposal. Only 20% was required. Impressive engagement for the first vote of the Balanced DAO. 💪
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@BalancedDAO
Balanced
3 years
It wouldn’t be a product launch without a fresh website. To learn more about Balanced and why you should use it, check out
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@BalancedDAO
Balanced
3 years
Update: Due to feedback from the community, we will be increasing the rebalancing fee to two percent. This will lower the incentive to retire bnUSD. We will continue to monitor the bnUSD peg and retirements. Anybody running bots please be aware of the fee change
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@BalancedDAO
Balanced
3 years
The team has worked tirelessly for the last year to get Balanced into your hands. However, our work doesn’t end on launch day: it’s only just begun. There’s a laundry list of enhancements we’d like to make, but here are some of the core features we’re most excited about.
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@BalancedDAO
Balanced
3 years
Balanced’s main purpose is to create synthetic assets for the ICON ecosystem. Borrowers earn 25% of the daily Balance Tokens, while liquidity providers earn 45%. Why does Balanced reward liquidity providers so highly? And what does it mean to provide liquidity?
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@BalancedDAO
Balanced
2 years
Balanced is now ready for your technical analysis. Go to the Trade page and choose TradingView as the chart type. You’ll have a full-sized chart to play with. To view another Balanced chart, use the search bar or just start typing. Saved charts will be available soon.
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@BalancedDAO
Balanced
3 years
We just published the Balanced roadmap update for October. Progress from the last month includes a new Funding proposal type, Balanced DAO performance details, and more. Check out the post to learn more:
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@BalancedDAO
Balanced
3 years
The forum is now live, and ready for discussions that will help Balanced become the world’s best DeFi platform. The first post is about lower collateral reqs & removing the reward threshold. We’ll share more topics over the next week. Get involved here: .
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@BalancedDAO
Balanced
3 years
Balanced uses @BandProtocol as its oracle solution, so @PNattapatsiri & @sydneykevinlu were an obvious choice. In addition to oracle design, they bring their experience with security, partnerships, exchanges, and networks. Both have already been exceptionally helpful.
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@BalancedDAO
Balanced
4 years
Balanced has a number of competitive advantages over other DeFi platforms. Read more below!
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@BalancedDAO
Balanced
3 years
$ICX DeFi ecosystem has strong support 💪 @ommfinance brings another important building block, we can't wait for the launch!
@ommfinance
Omm
3 years
To help Omm become the leading cross-chain money market, we’ve formed a strategic partnership with some large investment funds and key players in the #DeFi space. 👇
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@BalancedDAO
Balanced
10 months
Congratulations to @helloiconworld for reaching this milestone. With the release of xCall on @archwayHQ , Balanced’s cross-chain debut is drawing near. In just a few weeks, you’ll encounter something new when you sign in to the app. Launch date coming soon. 👀
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@helloiconworld
ICON - Connecting Blockchains 🌐 🔀
10 months
🎉 #xCall has made it to the Cosmos! Archway becomes our first xCall-connected #Cosmos chain $ICX $ARCH #IBC
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@BalancedDAO
Balanced
3 years
You can now add custom tokens and liquidity pools to Balanced. Here's how. 👇
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@BalancedDAO
Balanced
3 years
It’s time for another monthly update. The team spent July working on a number of features, including... The first version of the Vote page: Read more here:
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@BalancedDAO
Balanced
2 years
The website now has a page specifically about $bnUSD, Balanced's algorithmic stablecoin. If you want to learn more about Balanced Dollars, how it maintains its price, and why you'd want to borrow it, make sure to check it out.
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@BalancedDAO
Balanced
3 years
Updates: 1.) Upgrade: No more gaming the Liquidity Pool rewards Honest LPs only from here on out. The process now includes a 24-hour time-lock after depositing liquidity to avoid people jumping in/out. We are considering alternatives as well to make the system more robust
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@BalancedDAO
Balanced
3 years
Attention: An upgrade to a smart contract has temporarily caused the application to halt service. Any transaction that generates a fee is failing. We are exploring the issue and will update as we find out more information. Rest assured, all funds are safe
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@BalancedDAO
Balanced
3 years
Balanced aims to make bnUSD one of the most diversified crypto-backed stablecoins on the market. Looking forward to BTP on @helloiconworld to help make this happen
@benny_options
Benny Options 🌐 ⚖️🛡️
3 years
Nice to see $ICX and @helloiconworld included here. We're building a web of blockchains with BTP, @MoonbeamNetwork included, which will broaden DeFi use cases of all networks involved. Looking forward to collaboration with @BalancedDAO and MoonBeam DeFi products.
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@BalancedDAO
Balanced
3 years
The message was clear: changes like this must wait for on-chain governance. The Vote page is now a top priority, and we aim to have it ready soon after the Geometry Release. It’ll include a forum, so the community can thoroughly discuss & vet ideas before they're put to a vote.
@Tony_D__
Tony D
3 years
We had great discussions over the proposal but the general consensus seems to be around doing this on-chain & waiting for a decentralised governance system. Having said that, I would like to withdraw my proposal and revisit at a later date.Overall this has been a good experience
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@BalancedDAO
Balanced
3 years
Stats for day 6: Balanced Dollars: 16,733,489 TVL (collateral): $101.89 million TVL (DEX): $66.3 million Borrowers: 2,126 Liquidity providers: 650 (sICX/ICX), 1,330 (sICX/bnUSD), 1,149 (BALN/bnUSD) bnUSD holders: 2,995 BALN holders: 2,480 Total fees: $321,948
@BalancedDAO
Balanced
3 years
Day 5 stats. Balanced Dollars: 16,046,062 TVL (collateral): $101 million TVL (DEX): $69.67 million Borrowers: 2,015 Liquidity providers: 620 (sICX/ICX), 1,322 (sICX/bnUSD), 1,127 (BALN/bnUSD) Total fees: $296k
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@BalancedDAO
Balanced
3 years
Rebalancing is getting an upgrade, and should be live next week. Here’s what you need to know. 👇
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@BalancedDAO
Balanced
3 years
We recognize that patience is valuable and will be sure to reward it 💎
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@BalancedDAO
Balanced
4 years
We are excited to announce our updated white paper! We made changes to: -> Liquidation mechanism -> Token economics -> Platform fees -> BAL mining
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@BalancedDAO
Balanced
5 days
Balanced is live on @injective . You can use it to swap and transfer crypto between 7 other blockchains, and deposit INJ as collateral to borrow a cross-chain stablecoin.
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@BalancedDAO
Balanced
3 years
We look forward to taking advantage of @helloiconworld BTP tech and turning Balanced into a seamless UX across many blockchain networks 🌐🌐
@benny_options
Benny Options 🌐 ⚖️🛡️
3 years
Trust-minimized cross-chain bridges, absolutely. But by end of 2022 it won't be just about wrapping tokens. It'll be about complex, trustless, low-latency cross-chain apps. That's where @helloiconworld and $ICX come into play. Learn more 👇
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@BalancedDAO
Balanced
3 years
If you borrow Balanced Dollars, you can earn Balance Tokens. While it’s a nice way to earn some income, $bnUSD wasn’t created just to sit in your wallet. Here are some ways you could use it.👇 $ICX #DeFi #DeFiForTheRestOfUs
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@BalancedDAO
Balanced
3 years
If you plan to borrow Balanced Dollars on launch day, unstake your $ICX now. The current unstaking time is ~7.4 days, and Balanced goes live in 8. Isn’t unstaking a hassle? If you’ve ever wanted to bypass the unstaking period, learn how Balanced will provide a better experience.
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@BalancedDAO
Balanced
3 years
Around 62,000 $BALN remains in this week’s airdrip. If you haven’t claimed yours yet, make sure to do so within the next 23 hours.
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