BarnBridge, founded in 2019, is a protocol for tokenizing risks. It was launched in September 2020. BarnBridge is a sort of decentralized finance (DeFi) lego for creating tradeable tokens that expose a consumer to market volatility. As of March 2021, the platform is still in an early stage of launch.

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

BarnBridge is a project that expands the functionality of DeFi to make it more flexible and efficient. By tokenizing market fluctuations and exposure to risks, it can reduce volatility for conservative investors or increase it for daytraders. BarnBridge enables traditional risk management tools and fixed income instruments on the DeFi market. The main focus is dividing cryptocurrency risks into tranches so market participants, depending on their risk profile, can invest in different products or assets.

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

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

Before going on to co-found BarnBridge, Ward has 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.

Sustainable DeFi platforms like Compound (COMP) and Aave (AAVE) provide over 5% annual percentage yield (APY) on some assets. With profitability optimizers like yEarn, APY can grow to over 10%. The drawback of these DeFi platforms is that they don't offer fixed income; additionally, adding cryptocurrencies to a portfolio means taking on significant risks as cryptocurrency assets are highly volatile.

BarnBridge's advantage is that it can aggregate yields with fixed income and flatten them to improve the efficiency of the system. This helps make the entry into the crypto industry more personalized and predictable for consumers, opening it up to a wider audience. From the standpoint of traditional finance, BarnBridge can be used to improve the effectiveness of stock trading.

BarnBridge creates tokenized derivatives based on market fluctuations. Examples of underlying markets include rates of return, prices, market prediction odds, default rates on mortgages and others. These derivative tokens are divided 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 that can be used to tokenize price risks. They can expose users to large, medium, or low price fluctuations. Smart Alpha Bonds on Ethereum can be used as derivatives to hedge against any ERC-20 token price fluctuations.

BarnBridge’s principal competitors are other DeFi risk hedging platforms, such as the options trading platforms Hegic (HEGIC) and Opyn.

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.

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

BarnBridge (BOND) can be purchased at a number of 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.

The all-time high of BOND was 185.93 USD on 2020-10-27, from which the coin is now down 98.37573280266767%. The all-time high price of BarnBridge (BOND) is 185.93. The current price of BOND is down 98.37573280266767% from its all-time high.

As of , there is currently 7.91M BOND in circulation. BOND has a maximum supply of 10.00M.

The current market cap of BOND is 23.92M. It is calculated by multiplying the current supply of BOND by its real-time market price of 3.02.

The all-time low of BOND was 2.19 , from which the coin is now up 37.89954337899544%. The all-time low price of BarnBridge (BOND) is 2.19. The current price of BOND is up 37.89954337899544% from its all-time low.

BarnBridge (BOND) has a market capitalization of $23.92M and is ranked #813 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze BarnBridge (BOND) price trends and patterns to find the best time to purchase BOND.