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Prepare for launch: Unstake your ICX

Prepare for launch: Unstake your ICX
By Balanced • Issue #2 • View online

If you plan to borrow Balanced Dollars on launch day, unstake your ICX now. Balanced goes live in 8 days, and the current unstaking time is ~7.4 days.
If you’re here for the airdrip, keep your ICX staked. Only people who plan to use Balanced need to unstake.
We’re now a week into the launch countdown. If you’re not following us on Twitter, here’s some of the content we’ve shared:
Balanced
It’s time. Balanced: coming to you live, April 25 at 6pm PDT.

$ICX #DeFifortherestofus https://t.co/2zaFdUv2Po
Balanced
Only 1% of crypto investors use DeFi. When we started Balanced, our goal was to create a decentralized finance product the other 99% could actually use.

A thread.👇

$ICX $BALN #DeFiForTheRestOfUs https://t.co/wzrL7Fgxi0 https://t.co/XG11LLRGws
Balanced
Before Balanced can take on other DeFi products, it has some competition closer to home: the ICON wallet.

Staked ICX earns ~11% a year, but unstaking is high friction: it takes ~7 days and you don’t earn rewards. To encourage action, we had to make Balanced even more appealing. https://t.co/37Oot2nYdw https://t.co/hhhHmOjEUg
Balanced
According to @naval: to get wealthy, own a piece of a business.

You can own a piece of a bank with Balance Tokens.

Balanced is a #DeFi platform that operates as a #DAO, governed by Balance Token holders. Participate to earn $BALN and help us shape the future of finance. https://t.co/Vj10GaR9xw https://t.co/YMjjsNK5e7
Balanced
How to earn an ~11% annual return with Balanced:

1. Deposit ICX as collateral.

That’s it. Your deposited amount will increase each day based on the ICON Network reward rate.

Learn how this works. 👇

$ICX $BALN #DeFiForTheRestOfUs https://t.co/37tZ7rtXX2 https://t.co/32vZEgfSeH
Balanced
Balanced gives $ICX a new role: collateral for synthetic assets, like Balanced Dollars.

bnUSD is always worth 1 USD, so it’s suitable for payments, grants, and as the default currency for apps on the ICON Network.

The more it’s used, the more ICX is removed from circulation... https://t.co/VW7oVjPkVT https://t.co/cjYTq5zcZa
Balanced
If you plan to borrow Balanced Dollars on launch day, unstake your $ICX now. The current unstaking time is ~7.4 days, and Balanced goes live in 8.

Isn’t unstaking a hassle? If you’ve ever wanted to bypass the unstaking period, learn how Balanced will provide a better experience. https://t.co/HhKI1PCpiF https://t.co/hsEDpK2Zl8
And here’s some content created by the community:
Balanced Preview - How to Mint bnusd
Balanced Preview - How to Mint bnusd
Balanced Animated Explainer
Balanced Animated Explainer
ICON Pinas
Here's a promo video our team put together to help summarize the recent excellent thread posted by @BalancedDAO

👉https://t.co/IKsTbILMFF

Why use Balanced, the decentralized bank of ICON? 🤔 Tune in and learn why 😎

#ICONProject $ICX 🚀 $BALN 💧 https://t.co/KtW7sY8oaK
Join the discussion on Twitter or Telegram as we count down the final week to launch.
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Balanced

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