The BOND token, the governance token of the decentralized finance (DeFi) protocol BarnBridge, has soared in price after BarnBridge's community voted to comply with the US Securities and Exchange Commission (SEC). The SEC has been investigating BarnBridge since at least July 2023, and is reportedly concerned that the protocol's smart contracts may be securities. BarnBridge's community held a vote on whether to comply with the SEC's demands, and the vote passed overwhelmingly, with 99.9% of voters supporting compliance. This news has been seen as a positive sign by investors, and the BOND token has since soared in price, more than doubling in value in a two-day period.