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Bondie

A protocol to allows projects to raise $ without selling tokens.

Bondie

Created At

HackMoney 2022

Winner of

trophy

🏊‍♂️ IPFS/Filecoin — Pool Prize

Project Description

The projects allows users to create an under collateralized zero coupon bond that puts their on chain reputation & lend ability at risk in exchange for long term funding at a fixed interest rate. This allows companies the ability to raise funds without selling native treasury tokens that they either can't sell or don't want to for various reasons. An article that i will post explaining all in more detail! https://mirror.xyz/0x2688800836aD6476f9DE886cE879525B43693c6E/k6YB1n_6Ee4rZPN0fG7zSJRDu1cQefupjOvedjWjCmY

How it's Made

The protocol is currently only built on Ethereum ( we didn't have enough time to deploy on arbitrum, polygon and optimism because we were having issues with the initial bond sale which we didn't complete). We use Fleek to host our website and resolve it through ENS name with the decentralized reverse proxy .limo extension. We'd love to chat with the arbitrum & polygon teams if they'd be willing to support development on their platforms for this project as it would benefit us greatly as well!

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