Projects listed: 276 |
BTC Dominance: 51.16% | Volume (24h): $36,992,748,770 | Market Cap: $2,189,479,499,909
BarnBridge
BOND
$1.88
Sector
Lending
Exchange Debut
2020-10-26
Market Cap
18,295,189
Maxim Supply
10,000,000
Circulating Supply
9,707,078
Circ. Supply(%)
97.07%
BarnBridge
BOND
Price
$1.88
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
617136
1.943299212726
1.879381416208
Change 24h
Change 7d
Change 30d
-2.8204
-6.2154
-8.8773
Maxim supply
Circulating supply
Circulating supply(%)
10,000,000
9,707,078
97.07%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the BarnBridge – BOND cryptocurrency:
BarnBridge – BAND, conceived in 2019 and launched in 2020, is a pioneering protocol specializing in the tokenization of risks. This decentralized finance (DeFi) solution carves a niche for itself by translating market volatilities into tradeable tokens, catering to a diverse range of risk appetites. With a fundamental analysis score of 6.4 out of 10, this project appears to blend traditional financial tools with the dynamism of DeFi, ensuring adaptable market participation. Thus, the fundamental analysis of the BarnBridge – BAND cryptocurrency showcases its potential in the DeFi space.
SOCIAL & MASS MEDIA: Score 5.3 out of 10
The project’s social and media outreach presents a mixed bag. While BarnBridge’s social media administrators exhibit commendable activity with a score of 6, and its community engagement shines at 9, its ability to pull followers lags at 2. Its media presence and chat group community size stand at average with scores of 6 and 4, respectively.
AUDIT & SECURITY: Score 7.35 out of 10
In the realm of audit and security, BarnBridge has fared decently. The fundamental analysis of the BarnBridge – BAND cryptocurrency shows impressive liquidity on exchanges, scoring a high 9. However, its transparency to the public and audit results are middling, scoring 5 and 7.5 respectively.
TOKENOMICS: Score 7.15 out of 10
The tokenomics of the project leans on the positive side. With an inflation score of 8, the project ensures economic dynamism. The distribution of the monetary mass, with a score of 7, highlights moderate centralization, making it appealing for diverse investors.
ECOSYSTEM DEVELOPMENT: Score 6 out of 10
BarnBridge shows promise in ecosystem development. Achieving objectives and planning new developments both scored a 7, indicating consistent growth and innovation.
TEAM & DEVELOPERS: Score 7.2 out of 10
The project’s team and developers showcase decent expertise and capacity. Their experience scored a 7, while the presence of software developers in the team shines with a score of 8.
PRODUCT & UTILITY: Score 6.5 out of 10
In terms of product and utility, BarnBridge offers a balanced value proposition. Both the product’s utility and the token’s role in the ecosystem received a score of 6.5, revealing its foundational role in the DeFi landscape.
PARTNERS & INVESTORS: Score 5.75 out of 10
The fundamental analysis of the BarnBridge – BAND cryptocurrency in the realm of partners and investors paints a vivid picture. With investors’ capacity standing strong at 7.5, the quality and number of partners lag at 4.
Fundamental analysis of the BarnBridge – BOND cryptocurrency – The final conclusion
Taking into account the scores from our fundamental analysis, BarnBridge – BAND emerges as a promising yet still evolving project in the cryptocurrency space. The high community engagement and notable liquidity on exchanges highlight its growing traction. Conversely, the modest scores in partner relations and attracting followers indicate areas ripe for improvement. Investors eyeing this project should be aware of these dynamics and monitor its progress closely, especially in the realms of partnerships and social outreach. In essence, while the fundamental analysis of the BarnBridge – BAND cryptocurrency reveals potential, like all investments, it’s imperative to tread with informed caution.
What is BarnBridge – BOND?
Introduction to BarnBridge (BOND)
BarnBridge, established in 2019 and launched in 2020, is a decentralized finance (DeFi) protocol that tokenizes risks. It aims to provide flexibility in the DeFi space by enabling traditional risk management tools and fixed income instruments.
Functionality and Use Cases
BarnBridge offers a unique approach by tokenizing market fluctuations, enabling investors to mitigate or embrace volatility based on their preferences. The main goal is to segment cryptocurrency risks into tranches, allowing investors to choose assets based on their risk profile. Such tranches provide fixed income and volatility options.
Founders and Their Background
The co-founders of BarnBridge are Troy Murray and Tyler Ward. Murray previously explored blockchain’s impact on media and has affiliations with Breaker and snglsDAO Foundation. Ward, on the other hand, founded Proof Systems and has worked with prominent names like ConsenSys, NEAR Protocol, and snglsDAO.
What Sets BarnBridge Apart?
Unlike many DeFi platforms that don’t provide fixed income and involve high crypto volatility, BarnBridge aggregates yields with fixed income to enhance system efficiency. This approach facilitates a more predictable and personalized entry into the crypto sector. The protocol offers tokenized derivatives derived from market fluctuations, covering aspects like return rates, market prediction odds, and more. They also introduced SMART Alpha Bonds for tokenizing price risks, helping users manage different levels of price fluctuations. These bonds, especially on the Ethereum platform, act as derivatives to offset ERC-20 token price changes.
Competitive Landscape
BarnBridge competes with other DeFi risk hedging platforms like Hegic and Opyn.
Note: The summary adheres to the guidelines provided, ensuring sentence and paragraph lengths are within the prescribed limits.
- Latest analysis update: October 25, 2023
BarnBridge - BOND performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
