DPX BONDS EXPLAINED
One of the greatest cultural and historical epochs, a turning point for the history of Bridgoors A beautiful relationship is today born between Dopex and Bridgoors, who have laid the foundations of a new Bonding alliance
In DeFi, bonding is a known way for treasuries to raise cash in exchange for the protocol's token at a discounted rate.Using Bonds, Protocols can accumulate the set number of stables they need to fund protocol operations and extend their runway.
In simple terms, Dopex is offering “bonds” to Bridgoors as a way for them to purchase $DPX at a discount, and in exchange, the investor supplies Dopex with stables that it can use to fund its operations.
A simple yet beautiful partnership and a win-win situation for both parties
These Bonds are expected to help Dopex accumulate an additional 1M$/Year or 83.33k/Month, if not more. This strengthens the protocol positioning by ensuring long-term stability and a bedrock foundation that will be near impossible to fail.
- The DPX bond program will allow Bridgoor Owners to buy DPX at a "20%" discount.
- This new contract will allow users to bond USDC, in exchange for discounted $DPX redeemable after a "1-week" period.
- Each Bridgoor allows a tranche of 5k USDC to be bonded for the first epoch.
- Each NFT can only be used once per epoch (Month) (It’s possible to “check eligibility” of an NFT on the main Bonding page.)
- This Epoch is capped at a maximum of $100K and will last until the subsequent one.
All above numbers are subject to change after each Epoch*
Present Bridgoor Utilities
- BRIDGOOR BONDING PROGRAM
- DISCORD BRIDGOOR ROLE ALPHA CHANNEL
- MERCHANDISE AIRDROPS
With more to come
PARTING WORDS FROM THE ESTEEMED CEO HIMSELF
Dopex is a decentralized options protocol that aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers — all in a passive manner. Dopex uses option pools to allow anyone to earn a yield passively. Offering value to both option sellers and buyers by ensuring fair and optimized option prices across all strike prices and expiries. This is thanks to our own innovative and state-of-the-art option pricing model that replicates volatility smiles.
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