Bonded FinanceAlgorithmic smart instruments and decentralised financial products for digital assets.
Description
Bonded Finance diverged from old guard business tenets which typically ask, “what can we capture,” and replaced it with “what can we contribute?” We believe that the pathway to success for the crypto economy is through collaboration. This mindset is not just a belief system but is fundamentally built into our operational model and the very mechanics of our smart contract financial products.
When unstable atoms share, transfer and manage electrons to fill their outer shell, it is known as covalent bonding while ionic bonding is when bonds are formed by two oppositely charged ions. These principles inspired the architecture of our smart instruments. A well-managed, shared basket of volatile assets can create a stable ecosystem while bonding lenders and borrowers, despite their opposite agendas, allows for a sharing of resources and creates lasting, sustainable growth and value.
Our desire to add value and contribute has been laborious as we experimented with lending products while watching the space crawl, walk and occasionally stumble. After months of pivoting and market observation, it became clear that there is a gaping hole in DeFi. As more and more assets are being put to work, there is an inordinate and truly inefficient amount of untapped liquidity and resources in altcoins. Certainly, Uniswap and AMMs have breathed much needed life into many early stage projects, however, the ability to aggregate and earn for many, has been absent. Providing a way to put alternative coins to work is the essence of Bonded Finance.
We have created smart instruments that generate incentives, can reduce downside exposure and effectively realize value in a vast but largely untargeted market.
Our pioneering innovation and contribution leverages the untapped altcoin market place, in order to create theoretically unlimited total value locked or TVL. Given the proliferation of new projects, we believe that a suite of smart contract instruments could go a long way in securing value.
Defi