Fantohm – TradFi Bonds
TradFi bonds function as typical bonding mechanisms but with both reliable and stable returns after the expiration of the vesting period. Due to their underlying nature, we believe TradFi bonds are suitable for long-term, savvy investors to park their funds and earn yields, as well as large asset holders to earn additional income.
There are two flavors of TradFi Bonds.
- Bonds with 15% returns in $USDB, with a vesting period of 6 months
- Bonds with 5% returns in $USDB, with a vesting period of 3 months
Investors can lock in their DAI on ETH or FTM networks in TradFi bonds for either 3 or 6 months. On the expiration of the vesting period, the bond will have matured and investors’ rewards will be sent to their wallet automatically.
Example 1: Bond 100 DAI for 6 months and receive 115 USDB in your wallet automatically. 15% rewards.
Example 2: Bond 100 DAI for 3 months and receive 105 USDB in your wallet automatically. 5% rewards.
And, if the investors do not own enough stablecoins to lock in TradFi bonds, their recently introduced DEX can facilitate bridging and swapping coins and tokens, including $BTC and $ETH, to stables with the best conversion rates and routes.
Fantohm DAO
FantOHM DAO is an innovative multi-chain decentralized Reserve and Revenue Protocol with the mission of overcoming ever-increasing inflation and the limitations of traditional finance while generating a continuous stream of income for its investors.
Source
https://medium.com/fantohm/introducing-tradfi-bonds-e5dc45832fe
