The Balanced community discusses the proposal to "coordinate incentives between Balanced and ICON"

Balanced posted on the X platform that the community is discussing the proposal to "coordinate incentives between Balanced and ICON." Among them ICON proposes: - Provide network liquidity and incentives; - Initiate liquidity of at least 10 million ICX from its treasury; - Purchase all BALN from the DAO Fund and lock it for 4 years. In return, Balanced will use 50% of its revenue to permanently purchase and destroy ICX. bBALN holders control the other 50% of the revenue, which they can vote for distribution. Balanced expects to be financially self-sustaining, so the majority of revenue will be used to fund product development and operations.