BOND Tokens Increase In Price 720%

Bond tokens in the DeFi system increased sharply when a new update was released.

BarnBridge (BOND) is a cross-platform risk management protocol that aims to enable users to mitigate risks associated with DeFi.

Bond Token Increases Sharply With New Update

BarnBridge’s ERC-20 token used for governance and staking, has spiked this week from a low of $2.94 to a high of $24.11, marking an increase of more than 720% in just seven days.

This increase is explained as taking place in anticipation of the project’s latest update. In addition, BOND’s Twitter also emphasized that the launch of the v2 version is entirely within the project’s scope.

Looking at BOND’s Discord server, co-founder Tyler Ward said that most of the frontend and backend code for the update will be done in August.

“Code is coming along. We are at the phase where things feel like they are happening faster than you expect vs. slower than you expect which is a sign that things are coming together and timelines get more realistic. At this point, since we have an amazing audit firm who is letting us submit changes ongoing through the audit, we’ve been able to update the frontend and backend in sync.“

Co-founder Tyler Ward said

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