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  1. TendieToken

Bonding

A description of the Bonding mechanism tied to the $TENDIE token

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Last updated 1 year ago

In order to attract liquidity for the $TENDIE token, we will be launching the token under an IBO - Initial Bonding Offering.

35% of supply shall be made available to investors who Bond $TENDIE-$TENET LP (liquidity pool tokens).

The way it works is: 1. User needs to hold $TENDIE and $TENET tokens on Tenet Blockchain, if the user does not hold these he/she needs to buy them. 2. User needs to add liquidity for $TENDIE-$TENET and receives $TENDIE-$TENET LP (Liquidity Pool) tokens. 3. User can then deposit these LP tokens in the Bonding contract for which he/she will receive an NFT Bond which they can use to claim their vested tokens over a 5 day period. Vesting is linear. Additionally users who bond their LP tokens and receive the NFT Bond can (after claiming all their tokens), stake their NFT Bond into a top bonder reward pool for additional $TENDIES yield!

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