Bonds and LBP #176
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Bonds and LBP #176
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lolmcshizz
approved these changes
Oct 19, 2023
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| The first step of a Bonds campaign is the issuance of the bonds by the Protocol. Any member of the HydraDX Community can initiate a governance discussion and a referendum to issue a given amount of bonds with a predefined maturity date, in order to obtain a given asset as POL. | ||
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| Once bonds are issued, the HydraDX Governance must decide on the method of trade. One option is to host a dedicated LBP event, which limited in time and allows for dynamic pricing thanks to the interplay between time-based weights shifting and demand (more info in our [LBP docs](/lbp)). Another option is for the Protocol to place an OTC order against a predefined price per bond. |
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which limited in time and allows for
which is limited in time and allows for
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