Bond Your Assets
Last updated
Last updated
Bonding is the process of trading an LP share to the protocol for NEND. It allows users to buy NEND at a lower cost basis. NEND compensates users with more NEND than users would get on the market, but users exposure becomes entirely to NEND and no longer to LP share.
1. Click 'BOND' at the top of your website.
2. Click Bond button to see the information.
3. You need to have assets to bond which can be LP tokens or stable coins. If you don't have any assets to bond in your wallet, you need to get the assets to bond first by clicking Purchase button.
4. You will be linked to DEX and can get the assets you want to bond. If you are going to bond LP tokens, you need to provide liquidity to DEX.
5. If you get the asset to bond, come back to the page of BOND information on NEND and check the balance of the asset to bond and click Bond button.
6. Enter the amount of asset, check bond information, click on the approval check box and click the Bond button.
7. Check the transaction and gas fee, and click Confirm.
8. Once the transaction is completed, you can see the confirmation message and be redirected to a list of Bonding History by clicking Confirm button.
