Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BOND]BarnBridge: DeFi Protocol for Hedging Yield sensitivity; DAO SOON!!
by
amishmanish
on 29/01/2021, 08:32:59 UTC
how much the bond price will be launched later ? Is the bond price stable coin ? does bond create bounties to be known by many people and ICO events?
BOND price is $53, it isn't a stable coin, the price ranges $19-$145. Coins that have been trading on the market for a long time, these coins will not run bounty campaigns.
I would like to give some details there. The token is currently being distributed by providing liquidity on Uniswap. The BarnBridge team had made it clear from the beginning that they will not look for aggressive CEX listings. The initial price was decided by the first pool deployed on Uniswap in end of October'20. ~140$. It then went below 20 and stayed there for some 7-8 weeks with every weekly distribution. Just last week it increased to the current price of 50+.

It should be kept in mind that the total supply is 10 Million out of which a little over 2 Million are in circulation. The locked USDC/sUSD/DAI on the Pool 1 divides 32000 bond each week amongst the stakers. Those who provide liquidity on Uniswap (Pool 2) divide 20,000 per week amongst them. The risk-free Bond staking pool (Pool 3) divides 5000 tokens per week. This will come to an end on coming Sunday, Jan 31st. Post this, $BOND can be staked in DAO. With DAO launch, all of these things will be open to change as is the case with any other DAO.

As far as bounties are concerned, this will also be the DAO's decision in coming weeks and months depending on the progress and needs of the project. So its not like there won't be any bounties. Just that you'd have to be involved and active in the community whenever they come.