Bonded Public IDO November 15th
Bonded’s IDO is slated for November 15th and will take place on Dolomite, a decentralized exchange driven by the Loopring protocol.
Bonded’s mission is to develop and deploy financial instruments that offer sustainable yields and push the bounds of open finance by providing a dynamic utility token. With some ~50 billion USD in latent value distributed amongst digital assets, we believe that supporters of qualifying altcoin projects deserve the opportunity to earn on their holdings. The Bond token represents governance but more importantly, the opportunity to earn via network fees, liquidation events, loan payouts and more.
Bonded Sale Structure
Bonded’s ERC-20 offering will total 130,000,000 Bond Tokens beginning on November 15th and will continue until all tokens are sold with November 30th being a hard end date. The offering will be capped at this 130m tokens, totaling 13% of the supply of 1 billion.
It is our hope to distribute the tokens equitably and fairly across a plane of demand. A portion of the sale will be allocated to form our liquidity pool on Uniswap which will launch the shortly after our TGE.
Following the significant demand for our oversubscribed private rounds, Bonded’s goal to distribute the supply, create cutting-edge products and getting users staking and earning is inching ever closer. To that end, we have forthcoming integrations and partnerships to announce as well as some updated tokenomics and further details regarding our IDO on Dolomite.
Please note that we are frequently updating our channels of communication as we near launch.