Balanced
BALN
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
BALN (Balanced) has critical data gaps across four of the six evaluation sections: Active Development, Tokenomics, Market and Use Case, and Security and Audit History all returned insufficient data (-1.0) due to lack of BALN-specific search data or search result contamination with Balancer (BAL). For the remaining evaluated sections, Community Support scored 4.5 based on an organic DAO governance forum with high relative turnout but a narrow voter base and impending v1 shutdown, while Team and Governance scored 3.5 due to the formal retirement of protocol governance, termination of token-holder voting rights, and discontinuation of the BALN token in favor of a transition to SODA and Balanced v2. The weighted score across available sections is 4.0. Furthermore, because BALN has been officially deprecated and is undergoing an active migration to SODA with the Balanced v1 app facing a complete shutdown on December 1, 2026, the token should not be held or acquired.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Balanced (BALN)
Balanced (BALN) is a deprecated governance token that is undergoing migration to SODA following the formal retirement of protocol governance. Originally launched as the governance and utility asset for Balanced, a decentralized finance (DeFi) protocol that originated on the ICON blockchain and expanded cross-chain, BALN allowed holders to participate in on-chain voting and platform decision-making.
In November 2025, the Balanced DAO passed BIP 112, which initiated the termination of the token's active lifecycle. The measure dissolved the community governance structure, halted BALN token inflation, eliminated early-unlock penalties, and established a transition pathway toward the SODA token. Under this restructuring, the protocol transitioned from a community-owned DAO model to a privately-owned interface, and all token-holder voting rights were removed.
While development continues on the Balanced v2 application and the broader SODAX/SODA ecosystem, utility and development for the BALN token have been permanently discontinued. A mandatory shutdown of the legacy Balanced v1 application is scheduled for December 1, 2026, requiring users to migrate existing positions before BALN is fully decommissioned.