Fellow Binancians,
Binance will list BarnBridge (BOND) and Enzyme (MLN) and will open trading for BOND/BTC, BOND/BNB, BOND/BUSD, BOND/USDT, MLN/BTC, MLN/BNB, MLN/BUSD and MLN/USDT trading pairs at 2021-07-05 06:00 AM (UTC).
- Users can now start depositing BOND and MLN in preparation for trading
- Withdrawals for BOND and MLN will open at 2021-07-06 06:00 AM (UTC)
Note: The withdrawal open time is an estimated time for usersâ reference. Users can view the actual status on the withdrawal page.
What 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.
BOND and MLN Listing Fee: 0 BNB.
Details:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-07-05
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.