BarnBridge

BarnBridge (BOND)

Full information about BarnBridge (BOND). Current BarnBridge price in CVE, BOND open/close rates, BarnBridge history charts, BarnBridge market capitalization and volume.

1 BOND = 147.48 $ Cape Verdean Escudo (CVE)
1.5231151 CVE

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 96.829432 CVE

General information
Global rank:997
Name: BarnBridge BarnBridge
Symbol:BOND
Current coin price (CVE):147.48 $
Last hour:arrow_downward-0.020 %
Last 24 hours:arrow_downward-10.49 %
Last 7 days:-10.93 %trending_down
Capitalisation (CVE):1 166 624 235.80 $
Volume 24h (CVE):67 570 966.68 $
Available supply:7 910 262.00 BOND
Total coin supply:-1 BOND
Start date:2020-09-07
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago

BarnBridge/Cape Verdean Escudo (BOND/CVE) price chart

BarnBridge/Cape Verdean Escudo (BOND/CVE) capitalisation and volume charts

What is it?

BarnBridge Token (BOND):BOND is the native governance token of the BarnBridge platform. It's an ERC-20 token, which means it operates on the Ethereum blockchain. Holders of BOND tokens can participate in the governance decisions of the platform, proposing or voting on potential protocol changes or adjustments.

BarnBridge Platform:BarnBridge is a DeFi (decentralized finance) project that aims to introduce risk tranching to the crypto domain. In essence, it allows users to hedge yield sensitivity and price volatility, providing standardized risk-adjusted ways for decentralized finance protocols. The platform's main innovation lies in its ability to divide risks into "tranches" allowing investors to choose their risk exposure based on their preferences.

What is it used for?

The BOND token primarily serves governance purposes, allowing its holders to participate in the platform's direction. They can propose changes, vote on proposals, or even adjust parameters in the BarnBridge system. Additionally, BOND may be used as an incentive mechanism within the ecosystem, rewarding participants for certain behaviors or actions that align with the platform's goals.

Who created it?

BarnBridge (BOND) was founded by a team of experienced blockchain developers and entrepreneurs, including Tyler Ward, Milad Mostavi, Bogdan Gheorghe, and Troy Murray. The team has a strong background in decentralized finance (DeFi) and has worked on several successful projects in the space.