BIP4: Enhance the BALN token economics with bBALN (boosted BALN)


To align BALN holders with Balanced’s long-term success, BIP4 incentivises people to lock their BALN for a period of time. The mechanism is inspired by Curve, and introduces a non-transferable token called bBALN. bBALN (boosted BALN) represents voting power & earning weight, and will be required to earn above the baseline of rewards. To acquire bBALN, lock BALN for 1 week up to 4 years. You’ll receive more bBALN the longer you lock it for. If approved, the team will work to make it happen.