common-close-0
BYDFi
Get the app and trade wherever you are!
header-more-option
header-global
header-download
header-moon-0
1H1D1W1M

Generalize

Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 2.04073711
Circulation/Max
7.91M/10.00M
Dominance
0.00%
ROI --%
$2.04073711$185.92532004
Low · 2023/08/282023/08/28 · High

Information

What Is BarnBridge (BOND)?

BarnBridge is a protocol for tokenizing risks. It was founded in 2019 and launched in September 2020. BarnBridge allows the creation of tradeable tokens that expose consumers to market volatility, making it a decentralized finance (DeFi) lego. The platform is still in its early stage of launch as of March 2021.

To learn more about this project, check out our deep dive of Quant.

BarnBridge expands the functionality of DeFi by making it more flexible and efficient. It tokenizes market fluctuations and exposure to risks, reducing volatility for conservative investors or increasing it for day traders. It enables traditional risk management tools and fixed income instruments on the DeFi market. The focus is on dividing cryptocurrency risks into tranches, allowing market participants to invest in different products or assets based on their risk profile.

Who Are the Founders of BarnBridge?

BarnBridge was co-founded by Troy Murray and Tyler Ward.

Prior to working on BarnBridge, Murray founded RUDE_labs, a crypto R&D firm exploring the benefits of blockchain in the media industry since 2012. He has also worked as director of strategy at Breaker and as a supervisor/technical architect at snglsDAO Foundation.

Before co-founding BarnBridge, Ward founded Proof Systems, a digital marketing company focused on the fintech industry. He has also worked with ConsenSys, Earn.com, FOAM, Dether, Grid +, Centrality, Sylo, NEAR Protocol, DARMA Capital, SingularDTV, and snglsDAO.

What Makes BarnBridge Unique?

BarnBridge stands out by aggregating yields with fixed income, improving the efficiency of the system. This unique feature makes the entry into the crypto industry more personalized and predictable, appealing to a wider audience. From a traditional finance standpoint, BarnBridge can enhance the effectiveness of stock trading.

BarnBridge creates tokenized derivatives based on market fluctuations, such as rates of return, prices, market prediction odds, and default rates on mortgages. These derivative tokens are categorized into high, medium, and low risk/reward categories. BarnBridge is a cross-platform risk tokenization protocol with tranches of fixed income and volatility.

BarnBridge also supports SMART Alpha Bonds, which tokenize price risks and expose users to different levels of price fluctuations. Ethereum-based Smart Alpha Bonds can be used as derivatives to hedge against ERC-20 token price fluctuations.

BarnBridge's main competitors are other DeFi risk hedging platforms, including options trading platforms like Hegic (HEGIC) and Opyn.

Related Pages:

Read more about Harvest Finance.

Read more about Badger DAO.

Learn more about DeFi investing at CMC Alexandria.

Visit the BYDFi blog for the latest crypto market news and insights.

How Many BarnBridge (BOND) Coins Are There in Circulation?

BarnBridge's native token BOND runs on the Ethereum (ETH) blockchain. It has a maximum supply of 10,000,000, of which 1,581,000 BOND are currently in circulation as of March 2021.

How Is the BarnBridge Network Secured?

BOND is based on Ethereum's ERC-20 compatibility standard and is used for betting, governance, and incentives on the BarnBridge network. BOND can be stored in any wallet that supports Ethereum, providing easy access to the token.

Where Can You Buy BarnBridge (BOND)?

BarnBridge (BOND) can be purchased on various cryptocurrency exchanges, including:

  • Uniswap (V2)
  • MXC.COM
  • 1inch Exchange
  • Bilaxy
  • Hotbit

To learn more about buying Bitcoin (BTC) and other cryptocurrencies, read our comprehensive guide.

Answers

What Is BarnBridge (BOND)?

BarnBridge is a protocol for tokenizing risks. It was launched in September 2020 and serves as a decentralized finance (DeFi) lego for creating tradeable tokens that expose consumers to market volatility. The platform is still in an early stage of launch as of March 2021.

To learn more about this project, check out our deep dive of Quant.

BarnBridge expands the functionality of DeFi by tokenizing market fluctuations and exposure to risks. It aims to reduce volatility for conservative investors or increase it for day traders. The project enables traditional risk management tools and fixed income instruments on the DeFi market. It focuses on dividing cryptocurrency risks into tranches so that market participants, depending on their risk profile, can invest in different products or assets.

Who Are the Founders of BarnBridge?

BarnBridge was co-founded by Troy Murray and Tyler Ward.

Prior to working on BarnBridge, Murray founded a crypto R&D firm called RUDE_labs in 2012, exploring the benefits of blockchain in the media. He has also worked as a director of strategy at Breaker and as a supervisor/technical architect at snglsDAO Foundation.

Before co-founding BarnBridge, Ward founded Proof Systems, a digital marketing company focused on the fintech industry. Ward has also worked with ConsenSys, Earn.com, FOAM, Dether, Grid +, Centrality, Sylo, NEAR Protocol, DARMA Capital, SingularDTV, and snglsDAO.

What Makes BarnBridge Unique?

BarnBridge stands out from other DeFi platforms by offering fixed income options in addition to high annual percentage yields (APY). By aggregating yields with fixed income, BarnBridge improves the efficiency of the system, making the entry into the crypto industry more personalized and predictable for consumers. It can also be used to enhance the effectiveness of stock trading in traditional finance.

BarnBridge creates tokenized derivatives based on market fluctuations, including rates of return, prices, market prediction odds, default rates on mortgages, and more. These derivative tokens are categorized into high, medium, and low risk/reward tranches. BarnBridge is a cross-platform risk tokenization protocol with tranches of fixed income and volatility.

BarnBridge also supports SMART Alpha Bonds, which tokenize price risks and expose users to different levels of price fluctuations. These bonds can be used as derivatives to hedge against price fluctuations of ERC-20 tokens on Ethereum.

BarnBridge's main competitors are other DeFi risk hedging platforms, such as Hegic (HEGIC) and Opyn, which offer options trading.

How Many BarnBridge (BOND) Coins Are There in Circulation?

BarnBridge's native token BOND runs on the Ethereum (ETH) blockchain. It has a maximum supply of 10,000,000, of which 1,581,000 BOND are in circulation as of March 2021.

How Is the BarnBridge Network Secured?

BOND is based on Ethereum's ERC-20 compatibility standard and is used for betting, governance, and incentives on the BarnBridge network. BOND can be stored in any wallet that supports Ethereum, providing easy access to the token.

Where Can You Buy BarnBridge (BOND)?

BarnBridge (BOND) can be purchased on various cryptocurrency exchanges, including Uniswap (V2), MXC.COM, 1inch Exchange, Bilaxy, and Hotbit.

To learn more about buying Bitcoin (BTC) and other cryptocurrencies, read our comprehensive guide.