Balanced Launches on Avalanche - June 2024
Hello, ICON Community!
“In the early days, our focus on Layer 1 and smart contract stability led many projects to see us as competitors, despite our continuous advocacy for interoperability. Now that our key components are established, we can demonstrate our complementary value to numerous blockchain networks. As a result, we are receiving grants and forming partnerships, fundamentally shifting perceptions about us.
I cannot believe it’s been three months since we commenced the Balanced enshrinement program and we are already seeing results. Liquidity is accumulating, transactions are growing, and at some point we are going to see exponential growth. It’s not going to happen overnight, of course. ”
What’s Trending
👉 Avalanche DeFi expands with Balanced.
👉 ICON connects to Ethereum.
👉 Network adds $INJ to Network Owned Liquidity (NOL) portfolio.
👉 Hana goes mainstream.
👉 Get the latest $ICX burn figures!
👉 Swap AVAX, BNB and ICX directly in HANA.🔗
👉 ICON Foundation validator increases commission to 16%.
Dev Update: Improving Stability as Balanced Launches on Avalanche
In May we encountered some unexpected stability issues, which were swiftly resolved, paving the path for the launch of Avalanche frontend. With significant progress made in the Central Relay implementation, ICON GMP 2.1 deployment, SUI integration, Stellar development, and Balanced’s smart contract launches, June is shaping up to be an exciting month. Read on to find out more about these developments and the latest status of Balanced smart contract deployments on a number of networks.
Ecosystem Highlights
Learn about ICON GMP.🔗
Get all your weekly crypto news with GROW.🔗
Realm of Gods unveils new logo.🔗
Stay informed about all the latest integrations!🔗
SimpleSwap team gives seal of approval for NOL.🔗
Proposal to minimize bond requirement.🔗
Balanced among top DEXes.🔗
What’s cooking Balanced?🔗
The power of Network Owned Liquidity.🔗
What they said…
Inside ICON
Balanced Roundup
Balanced deploys on Base and Arbitrum.🔗
Let’s shuffle up and deal!🔗
You can borrow Balanced Dollars against $AVAX, $BNB, $INJ🔗
Transaction router undergoes upgrade and DEX contract adds security feature.🔗
Among top gainers in TVL! 🔗
Community Sentiment
Moon boy hat on - @TiamondG
Jaba bullish on Balanced - @JabaTheX
Life has never been easier - @dashforcashusmc
A tantalizing offer from ICON - @DustyrangerBE
Demand for DeFi operations surges - @QuintPark
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