BarnBridge has deployed BarnBridge V2 on the Ethereum mainnet, offering sustainable and leverageable fixed income

2022-09-06 12:11:33

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ChainCatcher news, the risk-rated derivatives protocol BarnBridge has deployed BarnBridge V2 on the Ethereum mainnet, bringing sustainable and leverageable fixed income. BarnBridge V2 offers interest rate swap functionality, allowing any variable yield to be swapped for a fixed rate. Additionally, BarnBridge C2 will also launch on Optimism.

It is reported that each pool in V2 will go through three different phases: Subscription, Withdrawal, and Epoch Running. In the Subscription phase, the pool accepts user deposits to earn fixed income; during the Withdrawal phase, new deposits are paused, and if users are dissatisfied with the final APR, they can withdraw funds from the pool; once a pool starts earning income from its deposits, it will be marked as Epoch Running, during which no deposits or withdrawals can be made from that pool. After the Epoch Running ends, users can withdraw their deposits and earnings. (Source link)

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