Community often talk about launching a Barnbridge on other chains as well. Of course, launching our protocol on other chains could be only reasonable when there is a yield that we can connect to, but what if there already is? Smart Yiled is obviously dependant on yield, but when we launcch Smart Exposure and Smart Alpha, it can be used on its own.
I started this topic to discuss a broader possibilities for us to launch on other chains.
There are essentially three things that I currently have on my mind:
We should monitor projects on chains such as BSC, DOT, ATOM, SOL, ICP. Yield and lending and borrowing platforms already exist on several chains of this selection.
We should make sure that we are the first project on the chain that will focus on risk management. We should not let a foreign community fork our code and benefit from it.
Launching Barnbridge on the next chain will be a benefit not only to the DAO treasury but especially to the attention of the BOND token and the project in general. If you become a central player with risk management across chains, then we are set to be a truly agnostic platform that will already have its place in DeFi across chains.
In general these other “ETH killers” (we all know is not that easy and not true right now) we should take that seriously cause they just have traction.
I’m not the technical type, but I had an internal obligation to put this topic on the table so that we could start discussions and, when it came in time, start barnbridge on another chain.