Lumen Loop
All news
Articleblog.balanced.networkBalanced Official1y ago

BALN and sICX: now available cross-chain

Balanced Network has launched wrapper-free BALN and sICX tokens across multiple chains including Stellar, enabling seamless holding, swapping, and transferring. Previously limited to ICON, these tokens now reduce friction for users on Arbitrum, Avalanche, Base, BNB Chain, and soon Optimism. Upcoming features include cross-chain liquidity, rewards, and governance.

DeFiBridgesToken Management
Lumen Loop's take

BALN and sICX, core tokens of the Balanced Network from the ICON ecosystem, are now available wrapper-free on Arbitrum, Avalanche, Base, BNB Chain, ICON, and Stellar, with Optimism support imminent. This multi-chain expansion overcomes previous limitations that confined adoption to ICON users by allowing trades and transfers via users' preferred wallets and chains. Contract addresses are provided for manual token addition where needed. The launch paves the way for cross-chain liquidity provision, Savings Rate deposits with rewards starting in January, and governance participation including fee earning and reward boosts. Users can immediately start trading at app.balanced.network/trade.

Mentioned projects
1 project linked
B
BalancedFinancial Protocols
SCF
DEXDeFi

Balanced is a cross-chain DEX and stablecoin that enables native cross-chain DeFi primitives for any ecosystem.

View →