BarnBridge Reveals Application to Maintain Portfolio Weight of ERC-20. Token

Decentralized Financial Protocol BarnBridge introduced an application that allows users to automate the management of locations between Ethereum-based assets.

On July 5th, BarnBridge announced its second app called “SMART Exposure”. This application enables users to passively maintain specific weights between assets in a given pair of ERC-20 tokens through automatic redistribution.

The application was launched on the Ethereum mainnet with support for Ethereum Wrapped (WETH), Wrapped Bitcoin (WBTC) and USD Coin (USDC) in 75/25 or 50/50 ratio pairs. It will also be rolled out to the Polygon Network in the coming weeks.

We’re excited to announce the launch of our second app, SMART Exposure

SE starts with support for WETH, WBTC and USDC in configurations 75/25, 50/50, 25/75.

Follow the link to try it out and read on to learn more: https://t.co/rcMOhK2KJu pic.twitter.com/vCRh9OjqJg

– BarnBridgeΞ (@Barn_Bridge) July 5, 2021

The protocol explains that this functionality is possible because SMART Exposure maintains its own asset pools.

Each impression is represented by a fungible ERC-20 token with its own token, which allows positions to be traded on the secondary market or possibly used as collateral in other protocols. BarnBridge says:

“We expect SMART Exposure to serve as the primary platform for structured products in the future that incorporate content from other BarnBridge products. Today it offers an effective passive treasury management solution as well as crypto versions of popular tariffs. “

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BarnBridge, officially launched in September 2020, is a derivatives protocol focused on structured stablecoin loan products. It aims to facilitate the transition to DeFi by addressing several key aspects of institutional work, such as risk management and access to fixed income instruments.

According to DefiLlama, BarnBridge is valued at $ 294 million at the time of writing.