Balanced ICX Burn Surpasses L1 Burn - Mar 2024
Balanced ICX Burn Surpasses L1 Burn - Mar 2024
Hello, ICON Community!
“Economic enshrinement is something quite unique to ICON. Most do not have the opportunity to do what we are doing as there are very high barriers to entry to put such a structure in place. Achieving this requires a proven Layer 1 blockchain with a proven governance framework, a liquid asset like $ICX that's listed on major exchanges, active traders, and a robust cross-chain infrastructure. We're leveraging these elements to our advantage.
The team is in conversation with projects that want their token listed on Balanced. With more asset offerings, more communities become acquainted with Balanced and the broader ICON ecosystem. At the end of day, we want to bring in new users to the ecosystem offering them a unique experience and that is what we expect Balanced to provide.”
What’s Trending
👉 Balanced enshrinement is now complete.
👉 Liquid staking protocol goes live on ICON.
👉 ICON’s new economic policy 4.0 is now on mainnet.
👉 Did someone say airdrop?
👉 Now you can witness the $ICX burn in real time.
Dev Update: Migration to New Economic Policy
The main focus in February was on implementing and deploying the changes in ICON’s New Economic policy. Read on to find out about the latest developments in the Central Relay, ICON GMP 2.1, internal audits, testnet deployment to Composable Finance, Balanced smart contract development, and discovery work for SUI.
Ecosystem Highlights
Learn about ICON GMP.🔗
Balanced savings rate goes live, providing additional reward avenues for users.🔗
Farms and Yeti staking launch dates announced by FRAMD team.🔗
Craft’s cross-chain future enters into phase 2 of development.🔗
Pengwyn BINC unveils plans for 2024 and beyond.🔗
Stay informed about all the latest integrations!🔗
What makes Balanced unique as a cross-chain protocol?🔗
DApps adopt a hub-spoke strategy with ICON’s GMP.🔗
What they said…
Builders on Twitter
Swap $CFT directly in your HANA wallet - @hanawallet
Jaba tells community to respect the ‘burn’ - @jabathexcall
“Key theme for the year will be combining blockchain with AI” - @iconkr_com
Stay on top of your crypto taxes - @Paul__Rouge
The Crews holds successful giveaway event - @TheCrews_
Get yourself a ROG certificate today - @ROGonICX
ICON’s New Economic Policy 4.0
Understanding the new validator commission rates.🔗
Understanding validator bonds and its impact on rewards.🔗
Avoid voting for jailed validators.🔗
Cyrus and Fidel catch up with Chief Pengwyn to discuss new economic policy.🔗
Community Sentiment
BALN gains momentum amidst positive outlook on enshrinement - @marcfcee
Jaba is more confident than ever in ICON’s future - @jabathexcall
Why builders are building on ICON - @InanisInvictus
ICON amongst the top trending projects - @mobymedia
Dinos live beyond Jurassic World - @rookicx
“ICON making serious moves” - @bud1ser
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