Balanced
p/balanced-3
DeFi designed for adoption. Borrow, swap, and supply assets.
Lisa Verheul
Balanced — DeFi designed for adoption. Borrow, swap, and supply assets.
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Balanced is a decentralized finance platform designed for ease of use.
Swap assets on the ICON blockchain, and get paid Balance Tokens (BALN) to borrow assets or supply liquidity. BALN holders have the power to vote on platform changes and earn network fees.
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Lisa Verheul
Hey, hunters! I’m Lisa, one of the co-founders of Balanced, a decentralised finance platform designed to make DeFi accessible to a wider audience. By mid-2020, only 1% of crypto investors used DeFi products: complex interfaces, high fees, and slow transaction speeds kept most people away. Thanks to ICON’s 2 second transaction times and <$0.01 fees, combined with an obsessive focus on UX, we’ve positioned Balanced to target the other 99%. Within the first 12 days of launch, Balanced participants had borrowed 25 million Balanced Dollars (bnUSD). 10% of the ICX circulating supply was locked in the platform within 16 days. Today Balanced published the Geometry Release, the first major update to the platform since it launched on April 25. It adds core features that didn’t make it into v1.0: price charts, a statistics page, and transaction history. But the most noteworthy part of this update is the first vote which, if approved, will distribute more than $1 million of network fees to Balance Token holders and the DAO fund. Fees collected by Balanced will then be distributed daily, providing a passive source of income for BALN holders. What’s your favourite thing about Balanced? Hyped about a feature from the Geometry release? Want to share feedback? You’re welcome to leave a review.
Alan D
@lifeofkaizen incredible work! This is by far the most user friendly DeFi protocol I've ever used and the UI is a thing of beauty. Super excited for the future of Balanced!
Steven De Staelen
Balanced Great DéFi product with unrivaled UX/UI, which will drive it's adoption without a doubt. Currently users can leverage their ICX as collateral to mint a USD-stablecoin while mining the BALN governance token, but the possibilities are endless. More collateral options will follow, think tokenized assets (eg real estate, precious metals, stocks, ...) and NFT's. Get in fast and own a piece of a decentralized bank. The BALN governance token doesn't only give you governance rights, but also gives you part of the platform fees, distributed daily. Furthermore Balanced is in a great position being built upon ICON blockchain which will launch its interoperability feature (BTP) in July 2021, meaning access to the biggest blockchain ecosystems rather than operating in it's own silo ecosystem. Future is bright for Balanced protocol and it's users.
JoyQR
Nice platform for managing assets at ease. Congrats !
Savve🍥
Love the easy to use of this product and been using this since 60 days ago and happy with it.
Nelson Sofia
Thanks for DeFI, love to use it more!!
Taylor Randy
Defi will eat traditional banking system, nice one !
Robinson Alexander
Congrats Lisa and the Balanced team !