$BRO bonding is now live on Brokkr Finance.
Doing good on its promise to get the moving parts of Protocol Owned Capital(POC) and Protocol Owned Liquidity(POL) going, $BRO bonding is now live on Brokkr Finance.
🟢 $BRO Bonding LIVE! 🟢
— Brokkr (@BrokkrFinance) April 28, 2022
Get BRO tokens with a 5% discount!
Available for $UST or $BRO/UST LP tokenshttps://t.co/eXtJ1UbgaV pic.twitter.com/TXGRoJOCCa
Bonding is a mechanism that allows users to buy $BRO tokens for a discounted price. It uses a portion of the $BRO inflation from the Rewards Pool. After bonding, the tokens are locked for 5 days (5 epochs), so they can’t be immediately sold on the market.
It will be possible to bond towards both parts of the Brokkr Treasury — Protocol Owned Capital & Protocol Owned Liquidity.
Brokkr enables bonding towards POC and POL. Both bondings have the same mechanics, they differ only in which tokens are being used.
POC Bonding — Bonding with $UST
POL Bonding — Bonding with LP token $BRO/UST
Brokkr Bonding
• 5% discount on BRO tokens
• New tokens are accessible after 5 days
• 125k new tokens are available for bonding each epoch (approx. 1 day)
