The UNITS protocol bonding mechanism stands for short-term investment strategy. It is based on supplying USDC as liquidity to the UNITS protocol in return for UNIT tokens at a discounted price. Bonds are locked up for a period of 5 days, with an auto stake mechanism which is highly effective in boosting the rewards.
Upon supplying the bond pool with USDC, the protocol quotes a discounted price for the UNIT token. The supplied USDC is converted into UNIT tokens according to the discounted UNIT price and automatically staked in order to boost the rewards. So, by bonding you benefit both from a predefined discount and boosted rewards for auto staking.
The bond can be redeemed in UNIT tokens together with its rewards after 5 day period.
The bond staking rewards are distributed linearly during the bond pool lifespan (90 day).
Bonding is an active short term investment with high ROI based on predefined discount for the UNIT tokens. The auto staking mechanism is rewarding investors with high APR in addition to the short term bond profit.
* Bonds will be redeemable after a grace period of 14 days (Tue, Nov 20)