BOND is the ERC-20 governance token of BarnBridge, a risk tokenizing protocol. BarnBridge aims to reduce the risks associated with DeFi, such as inflation risk, market price risk, and cash-flow volatility risk. By letting users select a risk profile, BarnBridge can redistribute risk via tokenized, liquid tranches. The BOND token will be the system’s governance token, empowering BOND holders to vote on updates to the platform. Combining governance mechanisms and incentivizing holders, it will serve as a means to align the different stakeholders in the system. BOND will also serve as a security and policy management medium.
Bitvavo makes it as easy as possible to buy digital assets and cryptocurrencies.
1. Sign Up
Create a free account with which you can buy, sell, send, receive and store BarnBridge. Access your Bitvavo account from every location, on mobile and desktop.
2. Transfer Funds
Verify your account and transfer Euros to your Bitvavo wallet using one of the 8 supported payment methods.
3. Buy and Trade
Buy or sell over 150 digital assets and pay a maximum trading fee of 0.25%. Store your assets in your Bitvavo wallet or send them to your external wallet.
Storing BarnBridge and other digital assets requires a wallet, but don’t worry: Bitvavo’s hosted wallet allows you to store BarnBridge without any technical knowledge. Here is a brief overview of the existing wallet options to store your BarnBridge:
Hosted wallets are wallets where the private keys to your BarnBridge are managed by a third party such as Bitvavo. Access to your account is protected by a password and other advanced security features. Once you are logged in, you can easily and conveniently manage your BarnBridge online. Bitvavo offers standard hosted wallets for all digital assets that are offered on the platform.
A software wallet is a program installed on your computer or other device in order to use and manage your BarnBridge. Using a software wallet gives you full control over your private keys, so you are not dependent on third parties. The risk is that you alone are in charge of the security of your BarnBridge, and if malicious parties have access to your device, your private keys (and therefore your BarnBridge) can be stolen.
A hardware wallet is a physical device on which you can store your BarnBridge offline. It is one of the safest ways to store your BarnBridge, because the private keys are stored on a separate and offline device. Access to this device is often protected by a password. In many ways, a hardware wallet can be compared to a safe in which your BarnBridge is stored.
You can use Bitvavo's hosted wallet to easily store, send and receive BarnBridge. Once you have purchased BarnBridge on Bitvavo, you can choose to send your BarnBridge from your Bitvavo wallet to your own software or hardware wallet.