Bond Protocol

Bond Protocol

A platform for DeFi protocols to acquire their own liquidity

About Bond Protocol

Founded

2021

Community

Bond Protocol is the new industry-standard platform that helps protocols acquire their own liquidity. Protocols no longer have to pay high incentives to rent liquidity, while also guaranteeing the permanence of liquidity to facilitate transactions. Instead of staking their LP (liquidity provider) tokens to earn rewards in a pool, users can exchange their LP tokens for the protocol's governance tokens at a discounted rate. This process is called Bonding. As the protocol never sells these LP tokens, the liquidity is effectively locked in its treasury.

Investors

IDEO CoLab VenturesIDEO CoLab Ventures
Chapter OneChapter One
Hypersphere VenturesHypersphere Ventures
Alchemy VenturesAlchemy Ventures

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Seed
$2.50M
--
2022-10-07
IDEO CoLab VenturesIDEO CoLab Ventures*
Chapter OneChapter One*
+ 2