Bond your EGIS (1,1)
The Bond page allow users to bond EGIS from the protocol at a discount by trading it with a) liquidity (LP tokens) or b) other assets. The former is called liquidity bonding and the latter reserve bonding.
The bonding action create bonds which take roughly 15 epochs to vest, and EGIS tokens are vested linearly to the user over that period. Liquidity bonding helps the protocol to accumulate and lock liquidity, while reserve bonding allow the protocol to grow its treasury, and thus its Backing per EGIS faster.
Divine Creatures will offer different types of assets that can be used to bond EGIS on its website:
  • FTM
  • EGIS-FTM LP
  • MIM
  • EGIS-MIM LP
  • wMEMO [will come one week after the initial launch]
  • gOHM [will come two weeks after the initial launch]
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