It’s been an exciting few weeks for the Balanced team with a lot of interest and support from the community. A huge thanks to RHIZOME, who’ve gone out of their way to cover Balanced extensively since the announcement. If you haven’t seen their write-ups, you can find them here:
- The arrival of DeFi
- Balanced: the DeFi platform coming to ICON, explained
- The many ways to earn passive income with ICX
- An interview with Balanced
We’ve just published the high-level roadmap for Balanced, which we expect to launch on the Mainnet by Q1 2021.
Balanced will initially create a USD-pegged stablecoin known as the Balanced Dollar (formerly ICON Dollar (ICD)). Rather than limit our focus to fiat currencies, we’ve increased the scope to allow for tokens pegged to a range of liquid assets, including gold, stocks, property, and so on. We’ve made some minor tweaks to the website and white paper to reflect this.