The decentralized bank of ICON

The best place to stake ICX, borrow synthetic assets, swap them, and supply liquidity.

Deposit ICX as collateral

Earn staking rewards without lifting a finger. Withdraw and unstake quickly.

Borrow Balanced Dollars

Borrow up to 25% of your collateral value for a 1% fee. No interest.

Earn Balance Tokens

BALN. Stake them to vote and earn a share of the network fees.

Participate in the future of finance.

Balanced is DeFi designed for adoption: it’s fast, affordable, and easy to use. It offers the best experience for ICX holders, and a higher return than you’ll ever get with your bank.

Participate to earn Balance Tokens, which give 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.

ICON’s 11% yield too low?
Use Balanced.

Staking rewards Manual Automatic
Loan rewards Yes
Liquidity rewards Yes
Network fees Yes
Liquidation rewards Yes

Earn up to 5 types of rewards with Balanced. Deposit ICX as collateral or swap ICX for sICX to earn ICON staking rewards (around 10-12% a year1; growth rate willl vary). Borrow assets or supply to a liquidity pool to earn Balance Tokens.

Stake your Balance Tokens to receive a share of the network fees (coming soon). And if you’re an advanced trader, set up a bot to liquidate high-risk positions in exchange for a 10% profit.

Auto claim & stake.

To earn passive rewards, deposit ICX as collateral or swap ICX for sICX. Your assets are staked and rewards auto-claimed, so the ICX value will increase over time.

Unstake instantly.

Instant

1% fee

Wait

1 hour - 7 days

Swap sICX for ICX to skip the unstaking period for a 1% fee. Or unstake sICX to receive ICX as people deposit it.

Make stable payments on the ICON Network.

ICX can be volatile, so Balanced uses it as collateral to create a stable currency: Balanced Dollars (bnUSD). Tied to the value of the US Dollar, it’s ideal for payments, grants, and in-app purchases for services using the ICON blockchain – no KYC required.

Borrow Balanced Dollars for a one-off, 1% fee – no interest – or buy some on the Balanced exchange. To keep the price stable, you can always retire bnUSD on Balanced for $0.95 of sICX.

Swap assets.

Use the decentralized exchange to swap Balanced assets (bnUSD, BALN, sICX) with ICX and supported ICON assets. It’s fast, and the fee is only 0.3%.

Supply liquidity.

Earn Balance Tokens every day you supply assets to a liquidity pool. Balanced pools receive 45% of the daily BALN; others can add and incentivize their own pools.

Receive a fair share from launch.

Balanced is a DAO, owned and operated by Balance Token holders. There was no BALN pre-mine, so from launch, every participant will have an equal opportunity to own a share of Balanced and vote on its future.

To maximize your influence, participate early. Balanced distributes 100,000 BALN a day for the first 60 days, then it tapers by 0.5% a day until it reaches 1,250 (<2% inflation).

A pie chart showing the BALN distribution: 45% to liquidity providers, 25% to borrowers, 20% to workers, 5% to the DAO fund, and 5% to the emergency reserve fund.

Audited by the best.

Balanced is decentralized, and operates via smart contracts. The Balanced smart contracts were audited by Slowmist, whose list of clients includes leading exchanges like Binance, Huobi, and OKex.2

An audit reduces the risk of smart contract bugs, but there’s always a risk. Invest only what you can afford to lose.

Coming soon

Participate in governance.

Have your say on the future of Balanced. If you hold Balance Tokens, you can vote for ICON P-Reps, the next Balanced asset, DAO fund initiatives, fee adjustments, and more. Submit a proposal or vote on others’ – your level of involvement is up to you.

Coming soon

Borrow multiple assets.

bnUSD is the first synthetic asset on Balanced, but it’s far from the last. Balance Token holders can vote to add new assets, like Balanced Gold (bnXAU), Balanced Bitcoin (bnBTC), Balanced Tesla (bnTSLA), or something else entirely.

Diversify your position with multi-asset loans, then short your new assets or supply them as liquidity to earn interest.