Native Cross-Chain Loans Launch on Balanced - August 2024
Hello, ICON Community!
“The first half feels like a dream, marked with significant accomplishments. Over the last month, it has been pleasing to see HAVAH integrated with Balanced. Multiple efforts have been underway in the background, integrating consumer-facing applications like Balanced and Hana for a more tangible experience.
We're equally thrilled to see the integration of cross-chain loans into Balanced, powered by our own innovative GMP cross-chain technology. This development not only expands the capabilities of Balanced but also sets a fresh standard for interoperability in the DeFi space, simplifying and enhancing the interoperable blockchain experience, and this milestone brings us one step closer to that vision. ”
What’s Trending
👉 Balanced launches Cross-Chain Stablecoin Loans.
👉 The first ICON SDK chain connects to Balanced.
👉 New block explorer goes live!
👉 Five blockchain connections and 19 proposals.
👉 Get the latest $ICX burn figures!
Dev Update: Optimizing Balanced Through New Development
Significant progress was made in July in terms of integrations and core infrastructure. The key milestones for July included the completion of internal audits for Stellar and the progress made on the Solana integration. The main focus for August will be on the deployment of Sui contracts to mainnet.
Ecosystem Highlights
Learn about ICON GMP.🔗
Get all your weekly crypto news with GROW.🔗
The network keeps stacking $AVAX.🔗
Stay informed about all the latest integrations!🔗
NOL’s Ethereum holdings increase.🔗
Catch up with Fez at the ‘Birdhouse.’🔗
NOL holds more than one BTC.🔗
Make sure to participate in Zealy quests.🔗
Track the price of $BALN and $bnUSD. 🔗
What they said…
Inside ICON
Balanced Roundup
HAVAH offers liquidity bribes.🔗
You can now use BTC to borrow BnUSD.🔗
External audit for Solidity integrations concludes.🔗
Beyond blockchain borders.🔗
BTC is now available on Balanced.🔗
Community Sentiment
The trend is up! - @ICON_nist
Earn rewards! - @DrGryzzly
Min has transformed as a founder. - @JabaTheX
ICON network buying the dip. - @QuintPark
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