ICON Network - ICX
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🌐 ICON Network is a layer-one blockchain focused on building a multichain bridging solution that is scalable, chain-agnostic, and secure!
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More SODAX contracts deployed to Sonic as DeFi infra migrates. The Solver is integrated chain-wide, AMM v4 is deployed, and SDKs begin to take shape — for partners to tap into cross-chain swaps, lending, and intent-based execution.
SODAX has arrived on its new hub chain, Sonic. Money Market contracts are now live, with the Solvers updated to make the most of their liquidity. Unlocking smarter execution, and scalable DeFi across 8 chains (so far).
We're moving! Don't miss out.
🥤 Follow us @gosodax
🥤 Join the waitlist below http://sodax.com
🥤 Follow us @gosodax
🥤 Join the waitlist below http://sodax.com
From generalized L1 to unified DeFi platform — ICON’s journey is entering a new chapter.
Thanks to @Cointelegraph for covering our transformation into @gosodax.
Read the full story:
https://cointelegraph.com/press-releases/icon-project-rebrands-as-sodax-migrating-de-fi-infrastructure-to-sonic
Thanks to @Cointelegraph for covering our transformation into @gosodax.
Read the full story:
https://cointelegraph.com/press-releases/icon-project-rebrands-as-sodax-migrating-de-fi-infrastructure-to-sonic
Inside ICON returns 📹
And there's plenty to dive into after the announcement of ICON's evolution into @gosodax
Take a look inside with @EyeonICON1 & @andell_anton 👀
And there's plenty to dive into after the announcement of ICON's evolution into @gosodax
Take a look inside with @EyeonICON1 & @andell_anton 👀
Governance approves ICON’s next chapter, as SODAX.
We thank our validators for their trust and dedication in supporting this next part of ICON's journey.
This was a vote for progress. Now to realise our goals.
We thank our validators for their trust and dedication in supporting this next part of ICON's journey.
This was a vote for progress. Now to realise our goals.
We know the community has questions — and we’re here for them.
Join our AMA later, to talk through ICON’s evolution into @gosodax.
→ What’s changing
→ What’s staying
→ What it means for $ICX holders
🕐 Live at 9PM UTC
Join our AMA later, to talk through ICON’s evolution into @gosodax.
→ What’s changing
→ What’s staying
→ What it means for $ICX holders
🕐 Live at 9PM UTC
We hear your questions about SODAX. Let’s talk.
📣 Join our AMA on May 8, 9PM UTC for a deep dive into @gosodax's Unified Liquidity Layer.
Bring your thoughts — we’ll bring the answers.
https://x.com/i/spaces/1YqKDZAyXpLJV
📣 Join our AMA on May 8, 9PM UTC for a deep dive into @gosodax's Unified Liquidity Layer.
Bring your thoughts — we’ll bring the answers.
https://x.com/i/spaces/1YqKDZAyXpLJV
ICX is evolving into SODAX — launching the hub of its Unified Liquidity Layer on the Sonic blockchain, alongside the migration of its established DeFi infrastructure.
The Next Chapter for ICX – Introducing SODAX
Since its beginnings, ICX has been committed to interoperable solutions, a vision that began to be realized throughout the last year, building out chain agnostic DeFi products, powered by ICX. As we continue to utilize our growing Network Owned Liquidity, and expand on our Intents-based trading through the ICON Solver — Today, we are excited to announce our next major leap: introducing SODAX
ICX Evolves: Welcome to SODAX
SODAX is a unified, capital-efficient DeFi platform that brings together the innovations, powered by ICX, under one banner. Alongside our rebrand to SODAX, we will also officially migrate our hub chain infrastructure to the Sonic blockchain, a high-performance EVM Layer 1 with unique fee monetization that rewards builders. This move allows us to optimize liquidity, lower costs, and accelerate DeFi development.
What’s Changing?
SODAX – ICX is evolving into SODAX, consolidating all enshrined DeFi products under one vertically integrated DeFi platform.Balanced – The Balanced protocol will become the first affiliate partner of SODAX, alongside new core products.$SODA – A new, deflationary token will replace $ICX and $BALN, with a fixed supply of 1.5 billion.Sonic – We are migrating our hub chain infrastructure to Sonic’s scalable infrastructure to increase efficiency, reduce costs, and eliminate validator fees.
Why This Matters
Our mission hasn’t changed — we will create the most capital-efficient, chain-agnostic DeFi platform. By merging liquidity, simplifying governance, and adopting a more sustainable token model, SODAX will unlock its true growth potential.
ICON’s validator network will remain operational during this transition. Over time, as SODAX takes shape, we will provide clear guidance on ICON’s phased retirement, while ensuring a smooth migration.
Next Steps
For more details on the changes detailed above, you can find the detailed plan on the ICON Community Forum. Further information on the future of Balanced, and its token BALN, can also be found in the Balanced forum. This is just the beginning of our most exciting chapter yet. Stay tuned for more updates on:
Migration timelines and how $ICX holders can swap for $SODA.Governance structure, including new council roles.New DeFi products launching under SODAX.
ICX Evolves: Welcome to SODAX
SODAX is a unified, capital-efficient DeFi platform that brings together the innovations, powered by ICX, under one banner. Alongside our rebrand to SODAX, we will also officially migrate our hub chain infrastructure to the Sonic blockchain, a high-performance EVM Layer 1 with unique fee monetization that rewards builders. This move allows us to optimize liquidity, lower costs, and accelerate DeFi development.
What’s Changing?
SODAX – ICX is evolving into SODAX, consolidating all enshrined DeFi products under one vertically integrated DeFi platform.Balanced – The Balanced protocol will become the first affiliate partner of SODAX, alongside new core products.$SODA – A new, deflationary token will replace $ICX and $BALN, with a fixed supply of 1.5 billion.Sonic – We are migrating our hub chain infrastructure to Sonic’s scalable infrastructure to increase efficiency, reduce costs, and eliminate validator fees.
Why This Matters
Our mission hasn’t changed — we will create the most capital-efficient, chain-agnostic DeFi platform. By merging liquidity, simplifying governance, and adopting a more sustainable token model, SODAX will unlock its true growth potential.
ICON’s validator network will remain operational during this transition. Over time, as SODAX takes shape, we will provide clear guidance on ICON’s phased retirement, while ensuring a smooth migration.
Next Steps
For more details on the changes detailed above, you can find the detailed plan on the ICON Community Forum. Further information on the future of Balanced, and its token BALN, can also be found in the Balanced forum. This is just the beginning of our most exciting chapter yet. Stay tuned for more updates on:
Migration timelines and how $ICX holders can swap for $SODA.Governance structure, including new council roles.New DeFi products launching under SODAX.
What do you think is the biggest blocker to address fragmented liquidity?
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