How to Buy BarnBridge
When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy BarnBridge and help you discover other crypto similar to BarnBridge.
Create a Coinbase account to buy and sell BarnBridge on the most secure crypto exchange.
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of BarnBridge has risen by 7.27% in the past 7 days. The price increased by 5.37% in the last 24 hours. In just the past hour, the price grew by 0.48%. The current price is $4.16 per BOND. BarnBridge is 97.76% below the all time high of $185.93.
The current circulating supply is 9,919,305.555 BOND.
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 under BOND, 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 , 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 , 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.
Coming to the token, BOND is the native token of the platform and the platform’s . This is an token and is used as the governance token. BarnBridge is a governed through BOND tokens. As per , 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.
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 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.
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
The price of 1 BarnBridge currently costs $4.16.
The current market cap of BarnBridge is $41.66M. A high market cap implies that the asset is highly valued by the market.
The all-time high of BarnBridge is $185.93. 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 $6.21M.
The current circulating supply of BarnBridge is 9.9 million.
The median time that Coinbase customers hold BarnBridge before selling it or sending it to another account or address is 11 days.
BarnBridge ranks 122 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 74% of Coinbase users are buying BarnBridge. In other words, 74% of Coinbase customers have increased their net position in BarnBridge over the past 24 hours through trading.
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