The price of any bond keeps dropping,
but raises whenever a purchase is made.
That's how Sequential Dutch Auction controls the price.
You can get the tokens at your desirable discount
- just wait, but act fast!
Or, someone else might buy the bond first
and push its price back up!
Buying bonds from the market is easy.
1. Choose a bond at your ideal discount and vesting term
2. Buy the bond and get the bond token,
3. Redeem the payout tokens after the lock-in period!
The capital you put in to purchase the bond mostly goes to the project instead of an exchange. Thus, your favourite projects will get more funds to pursue their causes!
In turn, your holding in the project tokens would gain when the project achieves more of its goals!
The amount of discount and payout of our bonds are determined at the time of purchase.
No impermanent loss, no risk of any unknown or any of the problems of traditional faced by traditional Liquidity Provider.
Other projects can issue bonds on our Bond Market too.
As a buyer, you get to choose from a broader range of projects.
You will always have plenty of opportunities to optimise your strategy!