Bond: Mint
Sell Your Tokens For $ZEUS At A Discount
Zeus Finance bonds are a financial primitive for our protocol to acquire assets, specifically $AVAX, in exchange for $ZEUS tokens at a discount. In other words, bonding with Zeus Finance is essentially a mechanism for pricing any two ERC-20 tokens that do not rely on third parties like oracles. Our only focus right now is to acquire $AVAX, and therefore are only bonding for $AVAX.
Zeus Finance bonds essentially serve as a form of emitting tokens to increase supply while simultaneously increasing our treasury, eventually reaching the goal of 3,000,000 $ZEUS as a total supply.
How do both the Zeus Finance Treasury and the bonder benefit from the process?
Bonds are a pricing mechanism for some treasury inflows, and thus, assists in the growth of the network.
Bonders commit a capital sum upfront and are promised a fixed return at a set point in time; that return is in $ZEUS and thus the bonder's profit would depend on $ZEUS price when the bond matures.
Realistically, the benefit here is that Zeus Finance gets to increase their supply and see an inflow of treasury assets, while the bonder receives a token that they want, but at a significant discount.
Zeus Finance will be releasing 4,287 $ZEUS/day through bonding.
All tokens that are bonded will be vested (locked, and emitted over time) for 7 days. You will be able to claim as the tokens are emitted. All tokens will be purchased at a 10% discount.
Last modified 2mo ago