Balanced released its Q4 2024 update, highlighting launches on Stellar, Solana, and Optimism, alongside BALN cross-chain deployment across multiple blockchains including Stellar. Key achievements include intent-based trades between Arbitrum and Sui, smart contract audits, and preparations for cross-chain liquidity and Savings Rate. The DAO reported $82k in fees, with ongoing governance and economic enshrinement progress.
In Q4 2024, Balanced contributors launched BALN cross-chain on Stellar, Solana, Optimism, and others, reaching 10 connected blockchains, and deployed intent-based trades between Arbitrum and Sui. They completed a second Sui smart contract audit, added support for external liquidity rewards via Proof of Liquidity, and upgraded contracts for cross-chain Savings Rate and rewards. Front-end launches included Balanced on Stellar, Solana, and Optimism, with new collateral types like afSUI and trading support for various tokens via intents. Governance saw 12 proposals, generating $82k in fees with $28k net profit, while fulfilling economic enshrinement by burning ICX. Cross-chain progress now connects 12 chains, with Q1 2025 plans for liquidity pools, intent trades on Stellar and others, and Polygon launch.
