Balanced x ICON Foundation (BALN) Airdrop
Airdrip is not a typo. They call it an Airdrip because delegated ICX holders will get to claim Balance Tokens every week after the Balanced launch.
About Balanced x ICON Foundation
Balanced is a DAO (Decentralized Autonomous Organization) consisting of a decentralized balance sheet of ICX collateral, with the vision of creating a vibrant ecosystem of tokens pegged to the value of real-world assets. It allows users to mint, borrow, and retire pegged assets, while also providing market makers with clearly defined arbitrage opportunities. The initial iteration of Balanced will supports the minting and retiring of USD-pegged assets referred to as ICON Dollars (ICD).
ICON is one of the largest blockchain networks in the world. The ICON Project aims to build a decentralized network that allows independent blockchains with different governances to transact with one another without intermediaries. Anyone can create a new blockchain project and join the network. A new blockchain project is free to connect with existing projects and create new unique worlds, or blockchain multiverse. ICON itself can be viewed as both a living organism and an ecosystem.
StormGain Airdrop is worth Free 25 USDT tokens plus up to 15% Bonus on first deposit.How to join the Balanced x ICON Foundation Airdrop?
Requirements to earn free crypto coins
Step-by-Step Guide ''Balanced x ICON Community Airdrip''
- Read the Balanced x ICON Community Airdrip blog.
- To participate, you must be delegating from a wallet that you control the private key or Keystore file (ICONex, MyIconWallet, etc.).
- The first drip will drop one week after Balanced launches.
- Delegated ICX holders can claim their Balance Tokens from the Balanced website.
- The more ICX you have delegated, the more you can claim.
- If you don’t claim your Balance Tokens each week, you’ll lose them.
- Unclaimed tokens are added to the next weekly drip.
- The ICON Community Airdrip is an excellent opportunity for all ICX holders to earn Balance Tokens and participate in the Balanced DAO when they’re ready.
- Earn voting rewards for your ICX collateral, and earn BALN Tokens when you borrow bnUSD. The more you borrow, the more you earn. Stake Balance Tokens to receive income from network fees, and delegate your share of ICX collateral. You can also weigh in on governance decisions, like which token to add next.
Note: It's not possible to know how many BALN tokens you will get for your staked ICX coins because we ignore how many people are going to be staking ICX and we don't know how many people will actually claim their BALN. The fewer people that claim, the more BALN for the people that do. ~10% of BALN will be used for the Airdrip.
Disclaimer: Investors should take the time to research any given product before they invest their funds.
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