Your finance hub
for the ICON Network
Mint Balanced Dollars, swap and supply crypto, and vote to shape Balanced's future.
Borrow Balanced Dollars
Leverage your ICX to mint up to 67% of the value in bnUSD, a stablecoin equivalent to 1 USD.
Swap and supply crypto
Trade on the decentralised exchange with the deepest liquidity pools for assets on ICON.
Earn Balance Tokens
When you mint bnUSD or supply liquidity. Stake BALN to vote and earn network fees.
Participate in the future of finance.*
Balanced is DeFi designed for adoption: it’s fast, affordable, and easy to use. Swap between assets on the decentralised exchange, and borrow 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.
*Balanced's goal is to become the future of finance, but this is a decentralised experiment: nothing is guaranteed. Use at your own risk.
ICX staking rewards too low?
Earn up to 5 types of rewards with Balanced. To earn ICON staking rewards*, swap ICX for sICX, or deposit ICX as collateral. Borrow Balanced Dollars or supply liquidity to earn Balance Tokens.
Stake your Balance Tokens to receive a share of the network fees. And if you’re an advanced trader, you can set up a bot to liquidate under-collateralised positions for a 10% discount.
*Automatic staking uses a token called sICX, which represents a share of the ICX staking pool. Rewards may accumulate slower due to fluctuations in the pool.
Auto claim & stake.
To earn ICON staking rewards, swap ICX for sICX, or deposit ICX as collateral. Your ICX is added to a staking pool and the rewards auto-claimed, so the value will increase over time.
1 hour - 7 days
To skip the unstaking period, swap sICX for ICX and pay a 1% fee. Or unstake to receive ICX as people deposit it: wait from 1 hour, up to ~7 days.
Mint a stable currency 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 leverage, liquidity, or as payment for services that use the ICON blockchain – no KYC required.
Borrow Balanced Dollars for a one-off, 0.75% fee – no ongoing interest – or buy some on the Balanced exchange. To keep the price stable, borrowers' positions are used to rebalance the price when bnUSD moves too far away from $1.
Use the decentralised exchange to swap BALN, bnUSD, and sICX with ICX and other assets on the ICON blockchain. It’s fast, and the fee is only 0.3%.
Earn Balance Tokens for supplying liquidity to an incentivised pool. Liquidity pools also receive 50% of the fees earned by trades within their pool.
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 maximise your influence, participate early. Balanced distributed 100,000 BALN a day for the first 60 days, and now tapers by 0.5% a day until it stabilises at 1,250 (<2% inflation).
Participate in governance.
Have your say on the future of Balanced. If you hold Balance Tokens, you can vote to add new collateral types, pay for initiatives from the DAO fund, adjust the fees and token economics, and more.
Join the discussion on the Balanced forum, then submit a proposal or vote on others’ – your level of involvement is up to you.
Audited for your security.
Balanced is decentralised, and operates via smart contracts. The Balanced smart contracts were audited by Slowmist in 2021, and by FYEO in April 2023. View smart contract audits.
An audit reduces the risk of smart contract bugs, but there’s always a risk. Invest only what you can afford to lose.