| General information | |
|---|---|
| Global rank: | 997 |
| Name: |
BarnBridge |
| Symbol: | BOND |
| Current coin price (PGK): | 6.30 K |
| Last hour: | arrow_downward-0.020 % |
| Last 24 hours: | arrow_downward-10.49 % |
| Last 7 days: | -10.93 %trending_down |
| Capitalisation (PGK): | 49 832 243.53 K |
| Volume 24h (PGK): | 2 886 287.43 K |
| Available supply: | 7 910 262.00 BOND |
| Total coin supply: | -1 BOND |
| Start date: | 2020-09-07 |
BarnBridge/Papua New Guinean Kina (BOND/PGK) price chart
BarnBridge/Papua New Guinean Kina (BOND/PGK) capitalisation and volume charts
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.
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.
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.