ICON is a general purpose blockchain based on its own ICX cryptocurrency that can run smart contracts. It is capable of accepting the BFT-DPoS (Delegated Proof-of-Stake) consensus protocol and using an economic management protocol called DPoC (Delegated Proof of Contribution).

ICON news today, ICX crypto latest news of coin ticker

ICON

Balanced

The Balanced Dollar (bnUSD) is a crypto-backed stablecoin pegged to 1 US Dollar. It uses $ICX as collateral to guarantee its value (...) Borrow $bnUSD against your crypto, or trade for it on the @BalancedDAO exchange.

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