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Bond Protocol
Bond Protocol is a permissionless system that enabled the creation of Olympus Pro-style bond markets for any token pairs. Bond Protocol was launched on July 15th following the success of Olympus DAO's bond service Olympus Pro Their mission is to be a credibly neutral permissionless platform that is solely focused on providing Bonds-as-a-Service to meet the needs of the DeFi community. [2]
Main Features
Bond Protocol offers innovative features that differentiates themselves from other Bond Protocols such as:
- Permissionless: Anyone can create a bond market to sell Payout Tokens for Quote Tokens
- Composable: Bond purchasers receive Bond Tokens (tokenized bonds) that represent their positions which allow for the creation of secondary markets
- Modular: Unified contract architecture enables easy creation of new bond assets and auction interfaces to be plugged into the system. [2]
Bond Issuers
As of February 2023, Bond Protocol has seen over $24,000,000 Total Bonded Value as of writing along with over 1000 bonds. [3] Issuers include:
Bond Protocol
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REFERENCES
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[2]
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