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Archway Users Now Have Access to Balanced

by ICONDecember 19th, 2023

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Balanced, a decentralized exchange native to ICON, is now live on Archway, marking its first expansion into the Cosmos ecosystem. This integration, facilitated by ICON's xCall service, enables seamless cross-chain transactions between Archway and ICON, with future plans to support Injective and Avalanche. This launch is a significant step in the adoption of ICON's cross-chain framework and offers rewards for early users engaging with Balanced on Archway.

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featured image - Archway Users Now Have Access to Balanced

, a cross-chain decentralized exchange (DEX) native to , is now live on . The expansion to Cosmos is enabled by an earlier integration of ICON’s to protocol. Archway is the first of many chains that Balanced will connect users to, through a hub-and-spoke model powered by ICON.

A DEX designed with usability at its core, Balanced now provides a seamless cross-chain experience for all users through this integration. Users can easily swap or transfer assets between Archway and ICON using native wallets and tokens, with support for and soon to follow.

Adoption for ICON’s Cross-Chain Framework

Balanced’s launch on Archway is a significant step towards large-scale adoption for ICON’s , which is designed to simplify cross-chain development by standardizing across distinct frameworks.

Scott Smiley, core contributor to Balanced, says of this cross-chain leap:

“We’ve always envisioned an ambitious cross-chain architecture for Balanced. ICON’s cross-chain framework, and xCall in particular, have given us the best tooling to continue our growth and expansion to other blockchains.”

The ICON Foundation proudly supports Balanced’s cross-chain expansion into the Cosmos ecosystem and will to provide users with a smooth trading experience from day one.

Rewards for Early Users

Furthermore, there will be that reward users based on their engagement, so visit now to swap or transfer cross-chain or supply liquidity with Archway and ICON assets.

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