Enzyme (MLN) and BarnBridge (BOND) On Binance
12What is BarnBridge (BOND)?
BarnBridge is a derivatives protocol focused on structured stablecoin lending products. The protocol allows the unbundling of yield farms into various risk tranches and allows users to deposit stablecoins into junior & senior farming pools. Depositors in the senior pools receive a fixed interest rate, whereas the junior pools are exposed to variable interest rate returns but are incentivized with BOND tokens. The BOND token also serves as a governance token for the BarnBridge platform.
What is Enzyme (MLN)?
Enzyme, formerly known as Melon Protocol, is an on-chain asset manager which allows users to deploy crypto-trading strategies via vaults. MLN is the native token of the platform and is indirectly paid as gas fees by Enzyme users in a buyback-and-burn token model.
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