Binance announces listing of BarnBridge (BOND) and Enzyme (MLN)
The world’s largest cryptocurrency exchange Binance has announced BarnBridge (BOND) and Enzyme (MLN) with the trading pairs BOND / BTC, BOND / BNB, BOND / BUSD, BOND / USDT, MLN / BTC, MLN / BNB, MLN / BUSD and. to list MLN / USDT at 1:00 p.m. today (5/7).
– AZCoin News (@azcoinnews) July 5, 2021
BarnBridge (BOND) is a protocol that enables users to combat DeFi return sensitivity and erratic price fluctuations. The protocol’s SMART Yield application allows users to choose between risk profiles for lending on DeFi protocols such as Aave and Compound. By using SMART Yield, senior investors can get a fixed return with low risk potential, while junior investors get a high return but take on higher risk.
On June 25th, Coinbase listed BarnBridge (BOND) on Coinbase Pro.
Enzyme, formerly known as Melon Protocol, is an on-chain asset manager that enables users to deploy crypto trading strategies through vaults. MLN is the platform’s native token and is paid indirectly by Enzyme users as gas fees in the buyback and incineration model.
Both tokens rose in price shortly after the news became known.
According to the AZCoin News