About BarnBridge
BOND is an Ethereum token that governs BarnBridge, a protocol that enables users to hedge against DeFi yield sensitivity and price volatility. Its first application, SMART Yield, allows users to choose between risk profiles for lending on DeFi protocols such as Aave and Compound. By using SMART Yield, senior bond investors can receive fixed rates at potentially lower risk while junior bond investors can receive higher rates at higher risk.
Trading Insights
Searched
22
Market Stats
Market Cap
£902.52K
4.71%
FDV
£1.14M
Circ. Supply
7.9M BOND
Max Supply
10M BOND
Total Supply
10M BOND
Total Value Locked
£68.41K
Diluted Valuation
£1.14M
Performance
Popularity
#1,952
Dominance
0%
Volume (24H)
£668.00K
-7.26%
Volume (7D)
£4.33M
Volume (30D)
£16.63M
All time high
£138.87
Price Change (1Y)
-90.8%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of BarnBridge has increased by 1.73% in the last hour and increased by 4.48% in the past 24 hours. BarnBridge’s price has also risen by 0.12% in the past week. The current price is £0.11 per BOND with a 24-hour trading volume of £668.00K. Currently, BarnBridge is valued at 99.92% below its all time high of £138.87. This all-time high was the highest price paid for BarnBridge since its launch.
The current circulating supply of BarnBridge is 7,910,262.291 BOND which means that BarnBridge has as total market cap of £902,522.44.
Market details
BOND vs markets
↘ 94.27%
BOND vs BTC
↘ 95.05%
BOND vs ETH
↘ 90.15%
Tags
defi
dao
yield-farming
governance
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x0391D2021f89DC339F60Fff84546EA23E337750f | |
Arbitrum | 0x0D81E50bC677fa67341c44D7eaA9228DEE64A4e1 | |
Optimism | 0x3e7eF8f50246f725885102E8238CBba33F276747 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.11 | ↗ 4.48% |
1 Day | £0.11 | ↗ 4.48% |
1 Week | £0.11 | ↗ 0.12% |
1 Month | £0.14 | ↘ 18.43% |
1 Year | £1.28 | ↘ 90.80% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Trading under BOND, BarnBridge is a risk tokenizing protocol. This means the protocol enables users to hedge against yield sensitivity and price volatility. The platform aims to reduce the risks associated with decentralized finance (DeFi), such as market price risk, cash flow volatility, and inflation risk.
The decentralized finance space has plenty of opportunities, but it is full of risks. Users getting hacked and scammed, variable interest rates, and the longevity of projects are some of the common risks. Given the situation, the BarnBridge platform emerged to tackle these challenges. The platform aims to assure investors through its tokenized risk protocol.
As per the whitepaper, the platform allows users to select a risk profile as per individual requirements. The user can then redistribute this risk through tokenizing derivates. By offering a platform where users can access fixed-income instruments, BarnBridge tries to make DeFi more intuitive for casual investors. The platform also improves efficiency by enabling users to choose their risk threshold.
Running on Ethereum, the ecosystem of BarnBridge involves various key projects:
Coming to the token, BOND is the native token of the platform and the platform’s cryptocurrency. This is an ERC20 token and is used as the governance token. BarnBridge is a decentralized autonomous organization (DAO) governed through BOND tokens. As per the official docs, the holders of the token can participate and vote in the decision-making and hence drive the future of the platform. The platform allows users to farm, stake, and earn rewards using BOND tokens.
Launched in 2019, the BarnBridge platform was cofounded by Troy Murray and Tyler Scott Ward.
Murray has earlier worked on SingularDTV. He has also worked on the equity crowdfunding platform.
Meanwhile, Scott manages Proof Systems, which is a large marketing company focusing on digital assets.
The platform launched its whitepaper in the second quarter of 2019. During its initial coin offering (ICO), the platform managed to raise $1 million.
The road map of the platform suggests that the team has made several value additions to the platform. For instance, the liquidity pool to stake the tokens was introduced on October 26, 2020. The rewards program for voting was launched on February 8, 2021. And the most recent addition was Smart Alpha in September 2021.
Holders can easily stake their BOND tokens. The primary intent of staking BOND is for users to earn voting rights. Incentives are given to the participants in the decision-making of the platform. Further, the platform also sends out BOND rewards for providing liquidity to the platform.
There is no hard cap on the BOND tokens to be issued.
The BOND token is available on several centralized and decentralized exchanges like Coinbase, an easy-to-use and beginner-friendly platform.
We update our BarnBridge to GBP currency in real-time. Get the live price of BarnBridge on Coinbase.
The current market cap of BarnBridge is £902.52K. A high market cap implies that the asset is highly valued by the market.
The all-time high of BarnBridge is £138.87. This all-time high is highest price paid for BarnBridge since it was launched.
Over the last 24 hours, the trading volume of BarnBridge is £668.00K.
Assets that have a similar market cap to BarnBridge include UpOnly, Phoenixcoin, StarSlax, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of BarnBridge is 7.9 million.
BarnBridge ranks 283 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 64% of Coinbase users are buying BarnBridge. In other words, 64% of Coinbase customers have increased their net position in BarnBridge over the past 24 hours through trading.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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