Bond Protocol was born out of OIP-104 on July 15th, 2022 following the success of Olympus Pro (OP), enabling it to establish a standalone entity.
The aim is to be a credibly neutral platform, laser-focused on providing Bonds-as-a-Service to meet the needs of DeFi with innovative ideas.
Bond Protocol, at launch will roll-out a permissionless system that enables the creation of Olympus-style bond markets for any token pair. The main features are:
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
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