BondAppetit — the first DeFi protocol that connects real debt instruments with the Ethereum and Binance ecosystem. Receive rewards for placing on BAG by freezing your assets for a specific period of time and providing liquidity to the protocol assets.
Contents:
About the BondAppetit project
BondAppétit aims to achieve a fully decentralized governance structure, using best practices that have proven effective in other protocols. The main decision-making tool in the protocol is the BondAppétit Governance Token (BAG), which also acts as the main reward tool.
Most protocols suffer from instability and over-provisioning, which makes them uncompetitive for medium and large businesses. BondAppetit is committed to addressing these challenges and opening up new opportunities for businesses to access an entirely new source of liquidity.
Some features:
| 1 | The main asset within the ecosystem of the protocol - the native stablecoin - BondAppétit USD (USDap). |
| 2 | The USDap price is always $ 1 and is automatically balanced against a basket of real debt obligations that form part of the protocol's assets. |
| 3 | Real collateral controls the stability of the asset even in times of high volatility in the cryptocurrency market. |
BAG tokens will be in limited quantities, which will lead to a positive correlation of their value with the growth of the protocol user base and its liquidity. Token holders can profit from the interest income, earned as a result of the collateral. Real collateral allows the protocol to generate a fixed recurring income that can go to the token holders through incentive mechanisms.
Additional data
The site has an introductory WhitePaper document. With its help, you will learn more about the platform. The project itself is executed in English. The community actively leads and promotes social networks:
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