@BalancedDAO releases cross-chain loans 🏦 Unlock the value | ICON Network - ICX på Binance Square

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ICON Network - ICX

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@BalancedDAO releases cross-chain loans 🏦
Unlock the value of your assets from any supported chain. Supply cross-chain collateral and borrow $bnUSD, wrapper-free 💸
$AVAX $BNB $ETH $ICX
https://blog.balanced.network/cross-chain-loans/

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🌳 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

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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.

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🧵/ $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.

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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.

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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 👇

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