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WEB3 3.0 WINNER
BarnBridge
BarnBridge is a risk tokenization DeFi protocol that allows users to make interest rate swaps.
What
is
BarnBridge
Co-founded by Troy Murray and Tyler Ward in 2019, BarnBridge is an open-source Ethereum-based risk tokenization DeFi protocol. With BarnBridge anyone can hedge interest rate volatility in DeFi markets like Compound and Aave, by swapping variable yield for a fixed rate and then borrow against the latter. The protocol is governed through BarnBridge DAO, using its native ERC-20 token BOND. BarnBridge officially deployed version 2 of its protocol called BarnBridge v2 in September 2022.
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