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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.

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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

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.

Sean-Davis "Crypto for the People" Автор вопроса

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