ICON

<a href="https://balanced.network/" rel="noopener noreferrer nofollow">Balanced</a>, a cross-chain decentralized exchange (DEX) native to <a href="https://icon.foundation/" rel="noopener noreferrer nofollow">ICON</a>, is now live on <a href="https://archway.io/" rel="noopener noreferrer nofollow">Archway</a>. The expansion to Cosmos is enabled by an earlier integration of ICON’s <a href="https://www.xcall.dev/what-is-xcall" rel="noopener noreferrer nofollow">general messaging service</a> to <a href="https://decrypt.co/200311/icon-foundation-launches-omni-chain-messaging-standard-on-cosmos" rel="noopener noreferrer nofollow">Cosmos Inter-Blockchain Communication (IBC)</a> 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 <a href="https://injective.com/" rel="noopener noreferrer nofollow">Injective</a> soon to follow.Adoption for ICON’s Cross-Chain FrameworkBalanced’s launch on Archway is a significant step towards large-scale adoption for ICON’s <a href="https://www.xcall.dev/what-is-xcall" rel="noopener noreferrer nofollow">general cross-chain messaging service (xCall)</a>, 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:<blockquote>“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.”</blockquote>The ICON Foundation proudly supports Balanced’s cross-chain expansion into the Cosmos ecosystem and will <a href="https://x.com/BalancedDAO/status/1736280160549449917?s&#61;20" rel="noopener noreferrer nofollow">provide seed liquidity for Balanced’s Archway launch</a> to provide users with a smooth trading experience from day one.Rewards for Early UsersFurthermore, there will be <a href="https://icx.zealy.io/questboard" rel="noopener noreferrer nofollow">Zealy quests</a> that reward users based on their engagement, so visit <a href="https://balanced.network/" rel="noopener noreferrer nofollow">Balanced</a> now to swap or transfer cross-chain or supply liquidity with Archway and ICON assets.Follow UsFor more ICON news, be sure to subscribe to the <a href="https://newsletter.icon.community/" rel="noopener noreferrer nofollow">ICON Newsletter</a> or follow us on <a href="https://twitter.com/helloiconworld" rel="noopener noreferrer nofollow">Twitter/X</a>!

Balanced Now Available to Archway Users

ICON Network

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