D/Bond

D/Bond Airdrop prize pool is worth ~$ 500,000 in $DBit tokens to be distributed along with 50 D/Bond NFTs.

$DBit stands for Decentralised Bond Index Token. Its value is solidly pegged to D/Bond’s multi-layer pool, starting at $1 per token. $DBit is the settlement currency of all D/ projects, to be used for trading D/Bonds and earning interest on investments. A fuel of our economic system — monolithic, yet flexible.

About D/Bond

D/Bond introduces an environment where users can issue a bond using digital assets as collateral to have a higher yield than the annual inflation rate in most countries. Plus, achieve a good yield return in fewer years than traditional bonds. D/Bond Protocol is supported by accomplished partners, committed as they are to building a fairer and more stable DeFi.

The D/Bond App web redefines the utilities and conceptions of NFTs. Both the D/Bond Index Token ($DBit) and the Decentralised Bond Governance Token ($DGov) play somewhat interwoven but differing roles in ensuring that the D/Bond is optimised to achieve its intended objective, particularly regarding decentralised bonds (D/Bonds).

DeBond uses ERC-3475 tokens as a framework for bonds to systemize a decentralized zero-coupon bond architecture truly. ERC-3475 tokens are LP tokens capable of multiple callable bonds due to their complex data structure giving them flexibility and the ability to retain more information. ERC-3475 tokens also operate in a gas-efficient manner. 

The ERC-20 standard can only store a mapping from an address to a balance and store an array of integers like redemption conditions and different interest rates. It does not have the required data structure to allow more complex reward and redemption logic to be built.