BarnBridge is a tokenized risk and fluctuations protocol built on Ethereum. Using BarnBridge’s SMART yield, users can buy and sell the risk associated with DeFi yields represented as tokenized liquid tranches. These tranches are made up of junior ERC-20 tokens and senior bonds, which are ERC-721 non-fungible tokens (NFTs). The native BOND token is staked in the BarnBridge staking smart contract to secure the platform via the BarnBridge DAO. Plus, the introduction of SMART Exposure enables users to automatically rebalance specific weightings of tokens within their portfolio.