Bonding - Degen Level: 1

If you're still here, reading those disgusting lines of text, you deserve your seat in the Ponzi.

Bonding is the secondary value accrual strategy of TUP. It allows our founder, Charles Ponzi, to acquire its own liquidity and other reserve assets such as BUSD by selling PONZI tokens at a discount in exchange for these assets. The protocol quotes the bonder with terms such as the bond price, the amount of PONZI tokens entitled to the bonder, and the vesting term. The bonder can claim some of the rewards (PONZI tokens) as they vest, and at the end of the vesting term, the full amount will be claimable.

Bonding is an active, short-term strategy. Ideal for impatient Pajeets and 20 IQ people. The price discovery mechanism of the secondary bond market renders bond discounts more or less unpredictable. Therefore bonding is considered a more active investment strategy that has to be monitored constantly in order to be more profitable as compared to staking. Still don't get it? Can't do anything for you ohmie.

Bonding allows Charles Ponzi to accumulate its own liquidity. This liquidity will be used to sustain the degen mechanisms I'll explain a bit later.