Get Passive Income through INUKO Bonds!
Get Passive Income through Inuko Bonds!
What is an LP bond?
In short, you use your LP tokens to get INUKO at a discount (4% discount) from our bonding contract without tax.
Inuko Finance bonds are a financial primitive for protocols to acquire assets, including their own liquidity, in exchange for LP tokens at a discount. In other words, Inuko Finance bonds are a pricing mechanism for any two cryptocurrency that does not rely on third parties like oracles.
The Inuko community gets to participate in managing supply and demand by offering a variable ROI rate to the market and holders. Here is what you need to know about LP bonds:
Users can sell LP tokens to the bond contract to buy INUKO at a discount (ie. 4%)
A bond period applies for every Bond (i.e. 2 days)
Market Price is directly obtained from the Pancakeswap router
How do both the Inuko Finance and the bonder benefit from the process?
Bonds are the mechanism for building up the liquidity pool to make it more resistant to volatility.
And here’s the step-by-step process on how to purchase INUKO Bonds!
Purchasing a Bond
Step 1: Go to https://app.inuko.finance/markets and connect your wallet, then click the USDT logo
Step 2: You will then be taken to the USDT-Inuko Bond Page where you can put how much USDT are willing to Bond.
Max bondable: The maximum amount of Quote token currently being accepted in a single transaction at this moment in time
Bond contract: Link to the Sequential Dutch Auction contract that is conducting the auction
Step 3: Input the amount to purchase and click "Approve Contract
Final review of the bond purchase before purchase
Click <APPROVE CONTRACT> to proceed
Step 4: Your connected web three wallet window will pop-up prompting you to sign, and you should click "Confirm"
Step 5: Await confirmation window of successful submission
Step 6: Click "BUY INUKO BOND"
Step 7: You will then need to pay the "gas fee" shown on your screen
Congratulations! You have Bonded successfully!
Happy Bonding Inuko Army! 🔗🍻🥂🚀
Thank you for being a part of our community, and we’re looking ahead to sharing more exciting news and updates with you in the future.
If you have any questions, you can email us: at info@inuko.finance