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THE STABLECOIN AND EXCHANGECRAFTED FOR SIMPLICITY

Borrow Balanced Dollars, trade cryptoassets, provide liquidity, and govern the
future of Balanced.




BORROW BALANCED DOLLARS

Deposit crypto as collateral to mint bnUSD, a decentralised stablecoin
equivalent to 1 US Dollar.


SWAP AND SUPPLY CRYPTO

Trade instantly through the exchange, and get paid to supply liquidity for
native and cross-chain assets on ICON.


PARTICIPATE IN GOVERNANCE

Earn or buy Balance Tokens (BALN), then lock them up to hold voting power and
benefit from Balanced’s success.


DEFI.
FOR THE REST OF US.

Balanced is DeFi designed for adoption: it’s fast, affordable, and easy to use.
99% of crypto investors struggled to use decentralised finance in 20201, so
Balanced was built from first principles to simplify the experience.

The Balanced experience revolves around the bnUSD stablecoin and a decentralised
exchange. Deposit bnUSD into the Savings Rate to earn a return, or supply
liquidity to earn Balance Tokens (BALN). You can lock BALN to increase your
earning potential, vote on governance proposals, and incentivise liquidity
pools.




BORROW, MINT, OR TRADE BNUSD.
A STABLECOIN BACKED BY CRYPTO.

The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price
of 1 USD. It uses cryptocurrency as collateral to guarantee its value, with
support for assets from a variety of blockchains. bnUSD is not experimental or
algorithmic: it’s over-collateralised, so the total supply cannot exceed the
value that backs it.

You can borrow Balanced Dollars for 2% interest, or buy some on the Balanced
exchange. bnUSD is ideal for leverage, liquidity, and payments on the ICON
blockchain — and every chain it connects to.

Learn more about the Balanced stablecoin.


TOTAL SUPPLY:

4,149,065 bnUSD


TOTAL BACKING:

$9,041,773

 * Collateral:
   $7,884,623
 * Stability Fund:
   $1,157,150


PRICE:

$1.007


COLLATERAL RATIO:

218%


BORROW BALANCED DOLLARS

Deposit cryptocurrency as collateral to mint bnUSD, and earn BALN until you
repay your loan.


STABILISE THE PRICE

Whenever the price fluctuates, use the Stability Fund to trade bnUSD 1:1 with
other stablecoins.


EARN A RETURN

Deposit bnUSD into the Savings Rate to earn rewards from Balanced revenue and
the ICON Network.


EARN A RETURN FOR BNUSD
WITH THE BALANCED SAVINGS RATE.

If you have bnUSD sitting idle in your wallet, add it to the Balanced Savings
Rate. You’ll earn rewards from loan interest, DAO revenue, and the ICON Network,
and you can withdraw it at any time.


TOTAL DEPOSITED

946,740 bnUSD


REWARD RATE

12% APR


REWARDS DISTRIBUTED

$18,184


SWAP ASSETS.
SUPPLY LIQUIDITY.
TRANSFER CROSS-CHAIN.

Balanced includes a decentralised exchange where you can swap between a variety
of assets and chains. All liquidity lives on the ICON blockchain, but the final
destination is up to you.

To facilitate trades, Balanced pays people to supply liquidity. Liquidity pools
keep 50% of the trading fees, and many pools offer BALN as an incentive.




Visit the Balanced exchange.




TOTAL LIQUIDITY:

$4,827,314


VOLUME (24H):

$158,859


INCENTIVES (24H):

587 BALN


SWAP BETWEEN ASSETS

Trade through the liquidity pools and Stability Fund to get the assets you need
in an instant.


SUPPLY LIQUIDITY

Provide liquidity to earn a share of the trading fees, and stake your LP Tokens
to earn BALN from incentivised pools.


TRANSFER BETWEEN BLOCKCHAINS

Swap on one chain, receive your new asset on another. To send assets directly to
another chain, use the Bridge tab.


EARN BALANCE TOKENS.
PARTICIPATE IN GOVERNANCE.

Balanced offers Balance Tokens (BALN) as an incentive for borrowers and
liquidity providers. BALN is a governance token, which you can lock for up to 4
years to hold voting power and boost your earning potential.

Almost anything goes with Balanced’s extensive, on-chain governance. Vote to add
collateral types, modify the fees, spend the DAO Fund, interact with third-party
contracts, launch on additional blockchains, and more. You can even influence
the incentives for each liquidity pool — and earn a kickback for it.


Go to the Vote page.




LOCK UP BALANCE TOKENS

Receive bBALN: a token used to vote, earn network fees, and boost the BALN
earned from loan and liquidity rewards.


PARTICIPATE IN DAO DISCUSSIONS

Join the community discussion on the forum and Discord, and help transform good
ideas into strategic proposals.


CAST YOUR VOTE

Vote to approve or reject proposals, and influence the BALN incentives for each
liquidity pool.


PUT THE DAO FUND TO WORK.


TOTAL HOLDINGS:

$1,145,282


DAO FUND:

$463,550


PROTOCOL-OWNED LIQUIDITY:

$681,733

bBALN holders decide how Balanced should use its capital. Vote to increase
protocol-owned liquidity, establish new income streams, and fund development
efforts that will help Balanced thrive in a cross-chain environment.

If you have an idea that would benefit Balanced, start a discussion on the
Balanced forum or in the Balanced Discord channel.


USE BALANCED ON
MULTIPLE BLOCKCHAINS.

Balanced is the flagship app of the ICON blockchain. In late 2023, ICON released
xCall, a cross-chain messaging service that can interact with any
interoperability protocol. To demonstrate xCall’s potential, Balanced began its
cross-chain journey.

Balanced can support any blockchain xCall connects to. Use Balanced to swap and
transfer assets cross-chain, and access the bnUSD stablecoin. Liquidity pools,
rewards, and governance are only available on ICON.

bnUSD Borrow bnUSD Swap assets Supply liquidity Bridge Vote ICON Yes Yes Yes Yes
Yes Yes Archway Yes No Yes No Yes No


HOW BALANCED
SECURES YOUR EXPERIENCE.

Balanced is a decentralised protocol that operates via smart contracts. Errors
in the code can introduce vulnerabilities, so the smart contracts have been
audited, and there are 24-hour withdrawal limits for each core smart contract.

Security is a process, not a destination. Audits and withdrawal limits reduce
the risk of smart contract exploits, but there’s always a risk. Invest only what
you can afford to lose.




AUDITED SMART CONTRACTS

The Balanced smart contracts have been audited multiple times. FYEO completed
the last audit in April 2023.

View audit reports.


WITHDRAWAL LIMITS

To reduce the damage of an exploit, the smart contracts include a withdrawal
limit for each asset which resets every 24 hours.

View withdrawal limits.


APPRECIATION FROM THE
BALANCED COMMUNITY.

I’ve used almost everything on Ethereum, Solana, and Terra, and nothing beats
@BalancedDAO in terms of UX. My mind is blown every time I log in. Hard to
believe that it runs on blockchain.

Some of that is due to fast block time, but most of it is good Ul design.

@bwhli

@BalancedDAO just made the new wave of #DeFi. Shit isn’t even close.

I would try to do defi on other platforms like uni and honestly shit was
intimidating. I said fuck it and left it alone.

Balanced UI/UX had me figuring this shit out and now i provide liquidity.
#ILovelt 🙏🔥💯

@SupremeXRP

Balanced’s simplicity, ease of use, stunning interface, and high yield have made
it my one and only DeFi platform.

I was initially hesitant to use other DeFi services because they seemed
complicated and I didn’t feel competent to use them effectively. After finding
Balanced, I’ve been able to take out loans, supply liquidity, and earn staking
rewards at the same time, easily and confidently. I’ll never use anything else.

Ettienne Nel

The user interface is so damn sexy on @BalancedDAO Everything is so easy and
clean. Much more clean and user friendly off my bank account!!! THE FUTURE IS
HERE

@ChristofferSal3

Balanced has been the best move I have made so far in my 5 years of being in
crypto .. I have upped my coins by a quarter of my total stack in nearly a
month... the rebalancing tool protected me from liquidation and also paid down
my loan at the same time.. truly amazing .. the 0 percent interest on the loan
is unheard of.. the APY is insane ... all in all probably will melt faces very
soon ...

DeFi Dave

Balanced is in my opinion a game changing UX design that I feel is what defi
should look like.

Nick Neessen

The Balanced launch was a huge success for $ICX. Balanced has the best Ul/UX of
any DeFi platform.

@icxbuddy

@BalancedDAO Has cured my UniSwap PTSD. Such a pleasure to use.

@creativematte

By the people for the people. Best UI, tailored for your average user. Even your
grandparents will be able to navigate this defi.

Anon

@BalancedDAO is, by far, the most elegant implementation of a decentralized
bank/yield farming/swapping solution to hit crypto... by far. The returns are
insane and look to be for the next couple of quarters. This is the gem of
@helloiconworld

@BigJuicyBurgerz

Great UI, great functionality. A hidden gem with inexpensive TX fees based on
ICX and better than average APYs. Very beginner friendly with extra added layers
of complexity for the aficionado. Enough already, just try it out. You’ll love
it!

ahacrypto

The only DeFi project that I love logging in every day is Balanced, amazing
product and Ul interface, keep up the good work team and keep building.

@sethi_sami

One of the most intuitive and user friendly DeFi dApp, by far. If you’re a
begginner and want to learn about DeFi, it’s a no brainer. Also suited for
experienced users thanks to the stats and the DAO voting that gathers high
activity.

Spl3en

I was hesitant to use Balanced at first as I’d never used a defi product before.
4 days after launch, I plunged in and it could not have been a more smooth
experience. I’ve been using it ever since. Incredible UI, been collecting BALN
daily and staking for network fees. Couldn’t recommend Balanced more, plus the
community support is unbelievable. A+

Kyle Raburn

Read more reviews.


TAKE THE NEXT STEP.


READ THE HOW-TO GUIDE

Learn how to use the app with this high-level overview.


TRY THE DEMO

Play with an interactive demo to familiarise yourself with the app.


USE THE BALANCED APP

Sign in with your wallet to borrow, trade, vote, and more.

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