ICON Partners with Injective (INJ) to Expand DeFi Lending Services
CryptoNewsTerminal Staff20 Aug, 2024
ICON Partners with Injective (INJ) to Expand DeFi Lending Services
ICON Foundation has announced a strategic partnership with Injective (INJ), a leading Cosmos-based layer-1 blockchain. This collaboration will integrate INJ into the Balanced platform, enabling users to lend and borrow INJ tokens. Balanced, a cross-chain decentralized exchange and lending platform built on ICON, will offer INJ lending services, expanding lending options for users. The integration of INJ aims to enhance the platform's DeFi capabilities and provide users with greater flexibility in managing their digital assets. This partnership is a significant step towards the growth of the ICON ecosystem and the adoption of DeFi. By leveraging INJ's robust technology and thriving community, ICON is poised to further strengthen its position in the rapidly evolving blockchain landscape.
