Barn Bridge Report by Jesse

Welcome to another week of Wealth Mastery and Bitcoins continuing domination of the global financial market. While It’s great to have confirmation that everything we’ve been doing during the crypto winter has paid off. The Defi space is still gaining more liquidity than a Mt Gox custodian. With higher value, longer duration loans added to these decentralized protocols every day. Terrifying to think of what would happen if it all fell apart at the seams, isn't it? Wouldn’t it be great if someone would build a cross-chain platform to tokenize and capitalize on all that risk? Well, just so happens that a brand new project called BarnBridge is looking to do exactly that.

Introduction

BarnBridge is currently building the world's first fluctuations derivative protocol ever. With debt levels, known in Defi as Total Value Locked (TVL) in decentralized financial protocols increasing from hundreds of millions last year to billions of dollars in 2020. The yield on these instruments continues to dwarf rates offered by comparable products in the traditional finance sector. Working capital is following the historical trend of higher yields, which is why we are seeing TVL moving to Defi at an accelerated rate. A trend that’s showing no signs of stopping anytime soon. With crypto-backed loans taking the crown for highest yielding Defi APY. Instead of selling crypto for fiat, borrowers are choosing to stake their digital assets and receive digital assets in return. While these loans have mostly been short term loans to traders, the system has proven to be efficient and ready for expansion. What’s more, the efficiency of smart contracts and DAO technologies allows for far more complex derivative instruments to be built. Providing a level of transparency

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