Balanced: the DeFi platform coming to ICON, explained

How does Balanced work?

Receiving ICD

What about staking rewards?

  • Endure the duration of the unstaking period, however long that may be based on network conditions.
  • Pay a nominal fee to utilize Balanced’s decentralized exchange (DEX) to swap their ICX for sICX.

What keeps ICD stable?


What’s in it for me?

  • Adjustments to fees
  • Adjustments to the unstaking period
  • Adjustments to collateral ratios
  • Adding new pegged tokens
  • sICX : ICX
  • ICD : ICX
  • Balance Tokens : ICX

What’s in it for ICON?

Greater utility

Disincentive to sell


Strengthening the ICON economy




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ICON contributor and analyst, ready to hyperconnect the world. Twitter: @iconographerICX