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.
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