Leak to Inuko's New Bond Product! And a new business strategy in partnership with Manga Token!
Changing the crypto landscape by eliminating liquidity mining!
What is Bonding?
Bonding is a technique by which a user can sell an asset (such as a Quote Token) in the bond market to a protocol in exchange for discounted Payout Token at a later time.
Bonds are provided at a reduced price to encourage users to sell to the protocol rather than the open market. Bonds have a vesting period to prevent users from selling all the tokens at a discount at once to make a quick profit.
Bonding is a very competitive industry, with bonders and other market participants battling for the biggest discount.
QUOTE TOKEN — A quote token is a unit of digital currency that is backed by a real-world asset such as a stock, commodity, or fiat currency. It is the token used to price trades. For example, the quote token of a DXL/USDC market is USDC.
PAYOUT TOKEN— a type of token that is used to reward or pay individuals for their contributions to a specific project. The use of payout tokens allows for a decentralized and transparent method of compensating contributors, and also helps to align incentives and build a strong community around the project.
What are the benefits of Bonding?
While you, as a user, lock up a portion of your tokens as collateral to earn rewards or gain benefits within Inuko Finance's ecosystem, this would also significantly impact the project. The benefits of bonding include:
1. Increased security: By locking up tokens, bondholders provide additional protection to the network and incentivize good behaviour among participants.
2. Improved governance: Bonding can also be used to implement decentralized governance systems, allowing token holders to vote on critical decisions and proposals for the platform or ecosystem.
3. Higher returns: By locking up tokens for a specified period, bondholders may earn higher returns than simply holding onto their tokens.
4. Increased liquidity: Bonding allows a protocol to accumulate its own liquidity, as a steady supply of tokens is available for trading and exchanging. Because this is of great importance, let's discuss deeper about protocol's liquidity or Protocol Owned Liquidity (POL).
With bonding, the protocol can ensure that there is always enough liquidity under normal market operations and during volatile periods because of the necessary depth in POL. Without POL and depending on external liquidity providers, liquidity is frequently removed from the protocol (flight to safety) during distressed market conditions, aggravating the problem by leaving less exit liquidity and creating a liquidity death loop.
Furthermore, POL changes liquidity from a liability to a source of income. For instance, 1% of the tax goes back to the liquidity pool as equal proportions of INUKO and USDT, and the LP tokens generated are directly locked in the LP vault. Because POL's liquidity is always locked in the treasury, these fees give the protocol a steady income stream.
5. Strengthened network effects: By incentivizing bonding, projects can create a more engaged and dedicated user base, leading to strengthened network effects and increased adoption of the platform or ecosystem.
Diversifying Your Portfolio
Selling other crypto tokens to invest in a bond product like Inuko can be wise for investors looking to diversify their portfolios. By selling tokens of one project, investors can then use the proceeds to buy tokens of another project that they believe has better growth potential. This allows them to reduce their exposure to only one project and spread their risk across multiple projects.
In addition, Inuko Finance's bonding does not charge any transaction fees. And on top of it, you'll get Inuko at a discounted price! "How much discount will I get? How long is the vesting time?" Wait that should be on the official announcement real soon.
Eliminating Liquidity Mining
One of the biggest criticisms of liquidity mining is that it creates an oversupply of tokens, which can lead to a decrease in value. When users receive tokens as a reward for providing liquidity, they often sell them on the market, increasing the overall supply. This can reduce the token's price, reducing users' incentive to continue providing liquidity.
Another concern is that prominent players can easily manipulate liquidity mining, using their resources to dominate the market. This creates an uneven playing field, where smaller players cannot compete and benefit from the rewards. This can lead to a need for more decentralization, which goes against the fundamental principles of cryptocurrency.
What is Inuko’s New Bond Product?
If you have read this far, you are now wondering what this new bond product has for you. To cut it short, Inuko will be featuring the latest Bond Protocol that would allow other projects to sell their project tokens via Inuko Bond.
In light of these challenging times, Inuko Finance would like to come forward and be the first to make a BIG change in the crypto landscape by eliminating liquidity mining. We strongly believe that it would reduce the oversupply of tokens, increase the value of existing tokens, and create a more level playing field for all participants.
What's up this week?
Inuko executes a new business strategy in partnership with Manga Token
Inuko Finance is now an official partner of Manga Token as a strategic move to extend its offerings.
This new move will allow Manga Token to explore offerings through the bond service provided by Inuko Finance, while Inuko Finance will be able to reach out to a broader range of readers through Manga Token’s publishing services. This partnership will open new opportunities for both projects and their users, as further collaborations will lead to newer joint strategies producing more content, products and services.
One significant strategic move that MANGA TOKEN will make with Inuko Finance is using its bond products to offer more services soon! Changing the crypto landscape and eliminating liquidity mining is the primary goal of this action. Through this Bond, we will allow other Manga projects to sell fan coins or tokens. And the manga project can decide when and at what price to list a fan coin bond.
Inuko will be publishing its Manga to Trophee’s Manga readers. Currently, the reader has many other Manga already posted in it, and there are more than 100,000 users within a month after launching; these are the users to whom Inuko Manga will be introduced.
A joint merchandising strategy is also on its way! Creating physical merchandise for the project supporters is our primary goal. The merchandise will also help the projects get more support from their fan base and stabilise the prices of Manga Token and Inuko coins.
By making our collaborative content, we will be able to release more content, such as NFTs, manga series and merchandise items for the fans. For example, we will allow our characters to be shared across titles by crossing IPs and sharing content with the reader.
Last but not least is our joint social media activities which we will be putting more emphasis on Vtubing! That way, Inuko will spend more time talking about Crypto on Youtube & sharing new stuff from the Manga Token project.
Latest Manga Chapters:
Inuko is a millennial aspiring to become a talk show host or commentator. She looks up to Tetsuko Kuroyanagi, the host of Tetsuko's Room (japanese: 徹子の部屋 | Tetsuko no heya), and hopes to follow her footsteps to make the world a better place for girls worldwide.She struggles while growing up dealing with tonnes of challenges millennials face today. And we hope that her story will help inspire girls from all over the world to strive to achieve their dreams.
Chapter 27
Chapter 28
Never miss the latest release! See the latest Manga chapter every week!🕮🕮🕮
Cryptocurrency just got even better. Secured and easy to use.
That’s Inuko Finance. The currency of the future. 💰💸🤑💵
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