BarnBridge introduces an app to maintain the weight of an ERC- | NFT News

BarnBridge introduces an app to maintain the weight of an ERC-20 token portfolio

BarnBridge's "SMART Exposure" app automatically rebalances ERC-20 tokens stored in a user's portfolio to ensure that they retain a certain weight.

The app has been launched on the main Ethereum network with support for Wrapped Ether (WETH), Wrapped Bitcoin (WBTC) and USD Coin (USDC) in 75/25 or 50/50 pairs. It will also be deployed on the Polygon network (MATIC) in the coming weeks.

The protocol explains that this functionality is possible because SMART Exposure supports its own asset pools.

Each risk factor is represented by an interchangeable ERC-20 token with its own ticker, allowing positions to be traded in secondary markets or potentially used as collateral in other protocols.