🌳 Check out the August Development Update

A focus on contract development and audits to bring a selection of new chain integrations to @BalancedDAO.

Read the full article below 🔽 $ICX $SUI $SOL $XLM $STX
https://www.icon.foundation/blog/2024/august-2024-alliterative-progress-for-integrations-with-sui-stellar-solana

In August, ICON deployed contracts to Sui mainnet for Balanced and GMP, with Stellar and Solana expected in September and October. Relay optimizations progressed, and a new oracle was deployed on ICON, broadening collateral options for Balanced.

🧵/ $bnUSD breaks onto @avax with @PharaohExchange swaps 🔺

bnUSD is the overcollateralized stablecoin from @BalancedDAO that can be used on any connected chain wrapper-free.

Your new go-to stablecoin, wherever your trades take you.

bnUSD, the cross-chain stablecoin from Balanced, is now available for trading on Pharaoh Exchange. The AVAX/bnUSD liquidity pool is now open to traders and liquidity providers, complete with boosted incentives.

Balanced and ICON GMP 🤝 @MoveBit_

Movebit have completed external audits for @BalancedDAO's Move contracts. Clearing the way for launch to the Sui ecosystem 💧

Full Report below 👇

Movebit have completed audits on the Move contracts for Balanced and ICON's General Message Passing. This ensures robust security as Balanced expands its DeFi protocol to additional blockchains within the Move development space.

https://x.com/i/spaces/1YpJklMbavYxj

PSA: Don't miss our space with @GangstaVerse tomorrow @ 9AM UTC 🎙️

Join in, ask your questions and get the latest updates on the Gangwars Multichain Tournament between ICON and @base

Set reminders now 🕘
https://x.com/i/spaces/1YpJklMbavYxj

🧵 Check out the latest episode of Inside ICON with @minhokim and @EyeonICON1

The pair catch us up on what the growth team are focusing on, promoting markets for $bnUSD and the future of @BalancedDAO

🚨 Public Service Announcement 🚨

The ICON app has recently become unavailable for Ledger devices.

The team are coordinating with Ledger to return full service for users, but in the meantime we advise users to avoid updating their Ledger device firmware.

Updating firmware at this stage could result in a temporary loss of access to ICON assets on the device.

Thankyou for your patience while we work with Ledger to resolve the issue.

🚨 Public Service Announcement 🚨

While coordinating with the Ledger team around Ledger Live integration it came to our attention that the ICON app became unavailable.

Users should to avoid updating their Ledger firmware until a new app is released to maintain access to funds

🎙️ Join us on Monday as we host @GangstaVerse and Fez ( @EyeonICON1)

Catch up on the latest application of ICON's Cross-chain Framework, The upcoming Gangwars Multichain Tournament with @base

And how you can take part 🎟️
https://x.com/i/spaces/1YpJklMbavYxj

Sit down with @CryptoSetups_ walkthrough of @BalancedDAO

Whether your looking for cross-chain loans, or swaps between Balanced's integrated chains, You'll find all you need here.

Link Below 👇

Unlock the value of your $INJ

Borrow $bnUSD and move assets seamlessly between a growing number of connected chains with @BalancedDAO

Balanced, ICON's flagship DEX and lending platform, has integrated with Sui and is enhancing cross-chain liquidity through Network Owned Liquidity. Weekly network acquisition of $SUI has begun with the front end trading experience to follow soon.

.@BalancedDAO has successfully integrated with @SuiNetwork 🤝

Cross-Chain liquidity will be enhanced ahead of front-end launch through @helloiconworld's Network Owned Liquidity.

ICON's weekly acquisitions of $SUI have begun 🦖

.@BalancedDAO has burnt a total of 200K $ICX 🔥

🔹 0 - 100K in 4 months
🔹 100 - 200K in 2 months

Following 6 months of Balanced's enshrinement to @helloiconworld, fees and ICX burn are accelerating.

The SUI blockchain has been enabled for @BalancedDAO and the time has come to allocate Network Owned Liquidity acquisitions for $SUI

Participants in ICON governance can vote below
🗳️ https://tracker.icon.community/proposal/0x074dccdc713e6df8442aa6ebe9be9518782cf12d7573fca333be61fdd70e3495

Time for ICON to ride the SUInami 🌊

Balanced has launched on @injective

Start your cross-chain DeFi mission with @BalancedDAO's swaps and loans today 🥷

🗞️ https://www.icon.foundation/blog/2024/new-horizons-for-injectives-cross-chain-defi-with-balanced

Injective users can now swap cross-chain assets natively and borrow against INJ on Balanced, through ICON's Cross-Chain Framework. Stay tuned as Network Owned Liquidity deepens and additional blockchain connections are introduced.