Balanced connects to Havah

Balanced has launched support for Havah, a blockchain focused on making NFTs interoperable. Its seventh blockchain connection, you can now use Balanced to swap HVH for crypto on other connected chains, and transfer HVH and bnUSD between Havah and ICON.

Learn more about Balanced’s cross-chain DeFi offering, what the connection to Havah enables, and how you can take advantage of it.

Balanced: the cross-chain DeFi hub

Balanced is a DeFi product crafted for simplicity. Home to the bnUSD stablecoin and a decentralised exchange, its deliberate design style packages the functionality you need into an app loved by beginners and experts alike.

Built on the ICON blockchain, Balanced uses their cross-chain technology to connect to other blockchains. It’s simple, fast, and cheap.

In addition to Havah, you can use Balanced on Arbitrum, Archway, Avalanche, Base, BNB Chain, and ICON.

Swap and transfer HVH cross-chain

You can use Balanced to swap between assets on different blockchains, and transfer crypto to a supported chain.

Transactions from Havah have no bridge fee, and your crypto stays wrapper-free. You can use HVH on Havah and ICON, and bnUSD is available on every chain.

Left: The Swap tab set to swap HVH from Havah for ETH on Arbitrum. Right: The Bridge tab set to transfer HVH from Havah to ICON.

Supply liquidity on ICON

If you connect an ICON wallet and add HVH and sICX to it, you can also supply liquidity. Liquidity pools earn 50% of the fee from each trade, and additional incentives will be available for the HVH / sICX pool in a few days.

The Supply tab set to supply liquidity to the HVH / sICX pool.

Many thanks to Havah and the ICON Foundation, who supplied liquidity prior to the launch to ensure a smooth trading experience.

How does the cross-chain connection work?

Balanced’s blockchain connections are powered by General Message Passing (GMP).

GMP is ICON’s cross-chain messaging service that can work with any interoperability protocol. It relays messages between connected chains, and includes multi-protocol verification to reduce dependency on a single bridge.

GMP relays messages to Havah using BTP, the ICON blockchain’s interoperability protocol. BTP is decentralised, trustless, and secure, and Havah was built with BTP at its core.

GMP has one messaging standard for all cross-chain communication, so Balanced can take advantage of every chain it connects to.

Injective, Optimism, Solana, Sui, Stacks, Stellar, and more. All coming soon.

Use Balanced to swap and transfer cross-chain

Ready to swap and transfer crypto between Havah, Arbitrum, Archway, Avalanche, Base, BNB Chain, and ICON?

Visit app.balanced.network/trade and sign in with your favourite wallet.

To learn more about Balanced, check out the website, read the docs, or join the Balanced community on Discord.