You are viewing a single comment's thread from:

RE: PolyCUB Bonding Protocol Explained | UI, Bonding Mechanics and The Future of PolyCUB

in LeoFinance4 years ago

This is awesome guys. Never thought we would get to see bonding so early. Really excited to try this one out.

One question - Do you think it will be possible for you guys to launch single asset (like wETH or wbTC) Bonds in addition to LP Bonds?

Posted Using LeoFinance Beta

Sort:  

I don't think it would then be called a bond? 🌚

Because you are bonding two tokens to form an LP? Well honestly, that's not the reason it is called a bond. 😋

The "Bond" we are talking about here is similar to the "bonds" you purchase or invest in traditional finance.

Posted Using LeoFinance Beta

Correct, it would still be called a bond since it's simply issued by the bonding protocol and allows a user deposit in exchange for a protocol asset.

I believe we will see something along these lines some day. For now, LP Assets are preferred as the Protocol Liquidity will be deploying these assets to generate yield.

Posted Using LeoFinance Beta