Balanced docs

Decentralised exchange

Balanced will provide a decentralised exchange to facilitate liquidity for all pegged assets. However, anyone will be able to list their own liquidity pools on the Balanced exchange.
These pairs are listed and incentivised by Balance Tokens:
  • sICX / ICX
  • sICX / bnUSD
  • BALN / bnUSD
  • BALN / sICX
  • IUSDC / bnUSD
  • IUSDT / bnUSD
  • USDS / bnUSD
The sICX / ICX pair serves a unique purpose: sICX represents a share of a pool of staked ICX, and therefore offers instant unstaking to sICX holders. It also does not follow the same pricing mechanism as other pools. It contains only ICX and charges a fixed 1% fee (adjustable via governance). Of this 1% fee, 30% is added to the network fee pool and 70% is received by the seller of ICX.