# Balanced: 2024 in review

> Balanced's 2024 review highlights explosive growth with new features like Savings Rate offering 17% average returns, economic enshrinement with ICON, and expansion to 12 blockchains including Stellar. Key developments include cross-chain loans, BALN & sICX tokens, and intent-based trades for efficient swapping. The protocol looks ahead to 2025 with cross-chain liquidity, more chain integrations, and enhanced trading.

**Metadata**

- Published: 2024-12-22
- Author: Balanced Official
- Original publisher: `blog.balanced.network`
- Original article: https://blog.balanced.network/2024-in-review/
- Tags: DeFi, Bridges, Stablecoins

## Summary

In 2024, Balanced launched the Savings Rate feature, allowing bnUSD holders to earn variable rewards averaging 17% from BALN, bnUSD, and sICX incentives, distributing $100k in rewards. It formed an economic enshrinement with ICON, receiving over $4.8M in liquidity and incentives while burning ~460k ICX from revenue. Balanced aggressively expanded cross-chain support to 12 blockchains—Avalanche, Arbitrum, BNB Chain, Base, Havah, Injective, Sui, Stellar, Solana, Optimism—enabling cross-chain loans with 18 collateral types and wrapper-free BALN & sICX tokens. Intent-based trades were introduced for slippage-free, low-fee swaps settling in 5 seconds. Governance saw 64 proposals, with extensive audits ensuring security across chains including Stellar. Upcoming 2025 features include cross-chain liquidity/rewards, more stablecoin support, DEX aggregator listings, and new chains like Polygon.

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*Source: https://lumenloop.com/news/balanced-2024-review*