Balanced

Balanced is the decentralized bank of ICON. Balanced is DeFi designed for ICX holders. ICX can be volatile, so Balanced uses it as collateral to create a stable currency: Balanced Dollars (bnUSD). It is tied to the value of the US Dollar, and can be used for payments, grants, and in-app purchases for services using the ICON blockchain – no KYC required.

Balanced is DeFi designed for adoption: it’s fast, affordable, and easy to use. Swap between assets on the decentralized exchange, and create Balanced Dollars (bnUSD) or supply liquidity to earn Balance Tokens.

Staked BALN gives you voting rights and a share of the network fees. Inflation decreases over time, so take part from the start and help shape the future of finance.