BOND Liquidity Rewards Program
On November 25th, 2020 we are launching a two-month long incentivized rewards plan for liquidity providers. At the end of the program, we’ll have distributed 10,000,000 BOND tokens to liquidity providers on the BOND/ETH Uniswap pair.
The BOND Incentivized Liquidity Pool
As participants in the evolution of capital markets, one of Bonded’s goals is to distribute our supply into the hands of those who support the project and interact with our protocols. The DeFi space has just begun to hit its stride and Uniswap is certainly one of our great catalysts and as such we are elated to begin our journey of participation here. To do our part, we are distributing 1% of our total supply to liquidity providers and for more, please reference our announcement from two days ago.
Incentivized Pool Dates:
November 25th, 2020 4:00PM UTC to January 24th, 2021 1:59PM UTC.
- Given that we have allocated a fixed amount of BOND, the APY will be determined by the participation of the liquidity providers.
- Current APY can be tracked in the staking UI.
To begin earning BOND in reward for your provided liquidity, follow these steps:
- Provide liquidity to the BOND/ETH Uniswap Pair, which is accessible here
- Once you have received your BOND V2 LP Tokens, go to rewards.bonded.finance
- Click “Connect Wallet”
- Click “Deposit.”
- On the BOND-ETH pool UI, confirm the deposit of your LP tokens.
Rewards will begin on November 25th, 2020–4:00PM UTC.
The Bonded platform was created to incubate and deploy experimental, high-yield, smart-contract driven, financial instruments that push the bounds of open finance. Bonding is an algorithmic model that aims to unlock, aggregate and de-risk ~50 billion in dormant value distributed amongst untapped digital assets by allowing supporters of qualifying altcoin projects the opportunity to borrow against these assets or pool them and start earning.