📦1,1 Bonding
What is 1,1 Bonding?
Note: If you are unsure of what "1,1" "3,3" and "4,4" mean, See our FAQ page.
1,1 Bonding is the process of buying regular 1,1 Bonds:
Users can swap selected tokens (usually stable coins like DAI and USDC) or LP pairs (CADT-DAI or CADT-USDC) directly with the Protocol in exchange for discounted CADT tokens. This allows the Protocol to build reserves of stablecoins which help grow the project and allow us to offer attractive APYs.
In return, Bonders will receive a linearly vested supply of discounted CADT tokens which can be redeemed and staked or traded.
How do I buy a 1,1 Bond?
Visit the CoachAI.finance
Visit our Website and click Dashboard at the top right, or go to our Dashboard directly.
The Dashboard will show key metrics like TVL and CADT price.
Click "Bond" on the left
Select the bond you would like to purchase, and approve the transaction before confirming
Remember: Bond rewards are vested for 5 days from the point of purchase. Vesting periods are linear, meaning that you can claim ~20% per day at any time.
NOTE: Make sure you're purchasing the right type of Bond! All bonds are labeled 1,1 or 4,4.
Can I purchase multiple bonds?
Yes, but your vesting period will reset to 5 days after the most recent purchase.
For example, if you buy a bond worth 10 CADT, and then exactly 3 days later, buy another bond of the same underlying asset worth 10 CADT, your vesting period will become 5 days and your reward will become 14 CADT:
6 CADT has already been vested to you from the original bond, leaving 4
You are adding another 10 CADT to your vesting reward to bring the total to 14
Buying a bond will set that bond's vesting period to 5 days
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