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Commerce · June 27, 2021

Balanced

DeFi designed for adoption. Borrow, swap, and supply assets.

Balanced launched on June 27, 2021 with 79 votes, #828 of 3,650 launches that month and more than 50% of that year's launches. The site was still online in September 2026, 5 years on.

In plain words

Balanced is a decentralized finance platform on the ICON blockchain that enables users to swap assets, supply liquidity to earn interest, and borrow cryptocurrency. The platform rewards participants with Balance Tokens (BALN) for these activities, and BALN holders can vote on platform governance. It supports cross-chain transactions, completing transfers between blockchain ecosystems in approximately 20 seconds, and offers borrowing options including a stablecoin (bnUSD) at fixed rates. The platform emphasizes user-friendly design compared to typical DeFi applications.

written from the facts on this page · September 2026

From the sources

Balanced is a decentralized finance platform designed for ease of use. Swap assets on the ICON blockchain, and get paid Balance Tokens (BALN) to borrow assets or supply liquidity. BALN holders have the power to vote on platform changes and earn network fees.

Swap, earn, and borrow crypto across chains without wasting hours on tutorials.

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Questions this answers

Source: Product Hunt launch ↗

Launched alongside, June 2021

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