SMART Alpha Bond (BarnBridge)
The SMART Alpha Bond is a flagship product offered by the BarnBridge DeFi protocol. SMART stands for Structured Market Adjusted Risk Tranches. These tokenized tranches are derived from volatility-based derivatives, designed to mitigate exposure to price volatility. The SMART Alpha Bonds are a part of BarnBridge’s effort to address risk in the decentralized finance (DeFi) space.