- Overview
To drive Balanced’s expansion, enhance bnUSD liquidity across chains, and strengthen our position in the Stellar User Acquisition program, we propose DAO funding to incentivize a bnUSD/USDC pool on Aquarius, a premier DEX on the Stellar blockchain.
This initiative not only strengthens bnUSD utility and cross-chain presence but positions Balanced to win a share of a prize pool ranging from $50K to $200K. As one of the selected participants, we’ve already secured $20K in funding from the program.
- Rationale
bnUSD’s success hinges on liquidity depth and stablecoin pair availability. Launching and incentivizing the bnUSD/USDC pool on Stellar will:
- Improve visibility and competitiveness in the Stellar User Acquisition program
- Expand bnUSD’s reach to Stellar-based users and protocols.
- Enhance its appeal and usability as a cross-chain stablecoin.
- Establish Balanced’s footprint in a new DeFi ecosystem.
This is bnUSD’s first use case on Stellar, and it opens a new DeFi loop: mint bnUSD on Balanced → deploy on Aquarius for yield—creating value for both protocols.
- Incentive Structure
We propose a short-term incentive program aligned with the campaign timeline:
-
Duration: 4 weeks
-
Total Incentives Requested: $2,000 in BALN
-
Target APY: 40%
-
Incentives can be adjusted based on participation and performance
- Implementation Plan
-
Coordinate with the Aquarius team for integration
-
Launch the bnUSD/USDC pool and enable reward distribution
-
Monitor campaign metrics: TVL, volume, and APY
-
Leverage Stellar program visibility to promote bnUSD and Balanced
- Conclusion
This proposal is a strategic opportunity to showcase bnUSD on Stellar, compete for major ecosystem rewards via the Stellar User Acquisition program, and advance Balanced’s cross-chain goals. We request DAO funding to support this campaign and drive bnUSD adoption on Aquarius.