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Balanced

Balanced (BALN)

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BALN is a governance token, which you can lock for up to 4 years to hold voting power and boost your earning potential. Balanced offers Balance Tokens (BALN) as an incentive for borrowers and liquidi...

Frequently Asked Questions

What is Balanced?

BALN is a governance token, which you can lock for up to 4 years to hold voting power and boost your earning potential. Balanced offers Balance Tokens (BALN) as an incentive for borrowers and liquidity providers. Almost anything goes with Balanced’s extensive, on-chain governance. Vote to add collateral types, modify the fees, spend the DAO Fund, interact with third-party contracts, launch on additional blockchains, and more. You can even influence the incentives for each liquidity pool — and earn a kickback for it.

How can I store Balanced securely using Hana Wallet?

You can store Balanced securely in Hana Wallet, which offers robust security features such as encryption, private key management, and easy backup options. Hana Wallet ensures that your baln is protected from unauthorized access while being easily accessible for transactions.

Can I trade Balanced directly within Hana Wallet?

Yes, you can trade Balanced directly within Hana Wallet. The wallet includes an in-app swap feature, allowing you to easily exchange baln for other tokens without needing to leave the app or use external exchanges.

How do I buy Balanced using Hana Wallet?

To buy Balanced using Hana Wallet, simply navigate to the buy section within the app. You can purchase baln directly through the wallet using various payment methods. Hana Wallet is available on both mobile and desktop, making it convenient to buy baln from anywhere.

What are the benefits of using Hana Wallet for managing Balanced?

Hana Wallet offers several benefits for managing Balanced, including an intuitive interface, secure storage, and integrated trading features. It provides a seamless experience for holding, spending, and trading your baln, all within a single app.

Is Hana Wallet available on mobile and desktop for managing Balanced?

Yes, Hana Wallet is available on both mobile and desktop platforms. This allows you to manage your Balanced (baln) across devices, ensuring you have access to your digital assets whenever and wherever you need them.

How do I swap Balanced for other tokens using Hana Wallet?

Swapping Balanced for other tokens is easy with Hana Wallet. Simply use the in-app swap feature, which lets you exchange baln for a variety of other cryptocurrencies directly within the app, making the process quick and hassle-free.