ICON ICX: Earn yield and stake ICX with this underrated DeFi gem
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Hashoshi sat down with Scott Smiley, the co-founder of Balanced, to discuss the Balanced DAO, ICON ICX yield, DeFi, and how users can earn the native governance token on the platform. Balanced allows you to earn massive yield for contributing to liquidity mechanisms, taking loans, and more on the platform.
Check out Balanced for yourself here: /
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Important ⚠️ The opinions and information presented in this video are strictly my own or those of the interviewee featured in the episode, and are not representative of any other individual or entity. The content provided in this video is informational in nature and does not constitute financial advice.
0:00 Introducing Scott Smiley from Balanced
0:17 What is Balanced?
1:30 The successful ICON mainnet launch
4:06 DeFi apps are tough to build
5:15 Balanced is a DAO. That’s important!
5:48 What role does the BALN token play?
8:46 How can you earn BALN tokens?
11:51 How are BALN tokens distributed?
15:03 How will Balanced cultivate more DeFi on ICON?
18:51 Tokenized securities & synthetic assets?
21:00 DeFi needs interoperability
23:51 The future of crypto
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🔺 This description box contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. Most often, I include links to products when I do product reviews, but I do not allow brands to dictate my message in relation to a product or service. You will always get my personal and honest opinion.
The information in this video is an opinion and is for informational purposes only. It is not intended as investment advice, nor does it represent any entity’s opinion but my own. Seek a duly licensed professional for investment advice. No guarantees are being made, nor promises rendered of financial gain or other benefit in this highly speculative market.
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