Project is probably connected to these tokens which are also held by one of the main holders:
We’re fork RFI works by applying a 2% fee to each transaction and instantly splitting that fee among all holders of the token.
Holders do not need to stake or wait for fees to be delivered. Fees are awarded by the smart contract and are immediately get the tax in the holders balance.
The former function (the distribution of tokens to holders) will be automatic and will simply require the investor to hold the tokens in their wallet (i.e. there will be no requirements for staking or claiming rewards from an interface).
Furthermore, distribution to holders will be proportionate to their total holding; thereby encouraging accumulation and mitigating sell pressure.
very early stage project with small investor group
Risk ProtocolA fluctuations derivatives protocol for hedging yield sensitivity and market price.
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. Decentralized, automated governance, that incentivizes participants and aims for security, sustainability, and participant welfare is key to a DeFi protocol’s Success.
BarnBridge is taking a “DAO First Approach” to spinning up the protocol, choosing to use decentralized tools from the start to achieve our final goal of complete decentralization and having a flexible smart contract system able to add / upgrade / remove functionality all based on DAO proposals. There will be an incubator DAO called Launch DAO & the final protocol DAO called BarnBridge DAO.
Starting with Launch DAO, the Founders, Seeders, and Advisors are using an Aragon DAO Company Template which uses transferable tokens to represent ownership stake. Decisions are made based on stake-weighted voting. The native token of the Launch DAO will be $BBVOTE. The Founders will receive 45%, Seeders will receive 45%, and Advisors will get 10%. The support will be set to 62%, which means more than 62% of the voting shares need to be present at a vote. The minimum will be set to 62%, meaning for a proposal to be passed it must be approved by at least 62%.
The funds from the seeders and the initial supply of the $BOND token will be kept in the Launch DAO treasury. Launch DAO will also have Aragon Agent activated and we will possibly develop integrations for Uniswap pool allocation and Balancer pool allocation control directly into the DAO.
BarnBridge DAO will be the DAO that is controlled by the $BOND community. The BarnBridge DAO will have full control over the protocol and the features that are built into it. We are doing this through the use of the Diamond Standard (EIP-2535), which allows us to upgrade the protocol without having all the members remove their tokens and switch to a version 2 of the protocol that time arises. The BarnBridge DAO will have full control over the Diamond which provides amazing flexibility in the web3 space
DXdao is a sovereign collectiveThe DXdao is a decentralized organization initialized in May of 2019 and has over 400 unique stakeholder addresses. It develops, governs, and grows DeFi protocols and products. Owned and operated by the community, the DXdao has the potential to significantly scale its membership.
The ultimate solution for cryptocurrency trading with built-in connectivity to major exchanges, a next-gen toolset, analytics, portfolio management, news aggregation, set within an ecosystem extensible by developers.
Interesting Concept, early stage project with good pricemovements.