INTRODUCING DEX VICTORY BONDS. We want you. Support our boys in the trenches by purchasing DexFi's new Victory Bonds.

22 Jul 2023, 17:06

INTRODUCING DEX VICTORY BONDS! ✌️ We want you! Support our boys in the trenches by purchasing DexFi’s new Victory Bonds! Starting this week we will be deploying a new take on our current bond model. In an effort to jump start our investment treasury and add more liquidity we will be offering a limited supply of Victory Bonds. How do Victory Bonds work? Victory Bonds will be set at a flat rate discount and run for a limited time only. The vesting period for these bonds will be extended between 1-3 months. During the vesting period anyone who has purchased (and does not sell any gDEX) will receive airdrops of USDEX+ as if they were staked. APR for these airdrops will be substantially higher than the current emissions to encourage bonding. All other bonds will be discontinued during this period. Why Victory Bonds? Bonding is an important part of our ecosystem. It allows us to continue to add much needed liquidity and supports the treasury’s investment fund which enables us to continue development and operations without taking revenue funds away from gDEX stakers. While overall this is very healthy for our ecosystem there are some that have chosen to try to game the system by merely buying at a discount and selling as soon as the bonds mature. Victory Bonds encourage only long term holders and rewards these users for supporting the protocol. How can I buy Victory Bonds? Victory Bonds will launch this week. We’d encourage everyone who would like to participate to have their funds available within the next few days. We will provide specific bonds terms shortly before launch. Important Note: If you sell any gDEX between now and the time the Victory Bonds are released you will be ineligible for this program. VICTORY at all costs ✌️