I have a question about the Tbonds. Such a genius idea. But

Question

I have a question about the Tbonds. Such a genius idea. But

for the person who is raising money by issuing the Bonds. How do they benefit?
If the Tbond matures at 1000 TLOS and the NFT owner buys it for 600 TLOS, isn't the original issuer putting 1000 TLOS in a smart contract and only getting back 600?
I see the benefit for sure for the TBond buyer, but the seller still needs 1000 TLOS upfront to put into a smart contract.
I am sure I am missing a piece of it.

#blockchain #cryptocurrency #english #telos

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11.10.2021

3 ответов

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Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope

The ideal user is a project that owns a lot of its own tokens and needs to sell some but doesn't want to crash their own token price. They would sell for a different currency, just as we sold TLOS for pBTC. There's more about it in my original proposals back in August 2020.

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11.10.2021

Sean Davis "Crypto for the People" Автор вопроса

Douglas Horn - GoodBlock, Telos, dStor, Decide Voter, Antelope
The ideal user is a project that owns a lot of its...

such a good idea. There is so much forward thinking happening on Telos.

0

11.10.2021

Sukesh Tedla · Accepted Answer

Sukesh Tedla

It’s used as a lockup of tokens. So you can only unlock tokens after a period of time so till then they are out of circulation

0

11.10.2021

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I have a question about the Tbonds. Such a genius idea. But

3 ответов

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