Bonding Details

Additional Information

Bonds take roughly 5 days to vest, and PAN tokens are vested linearly to the user over that period.

The project builds its core reserves through two types of bonding markets, strategic asset bonding & liquidity bonds. These two bonding primitives help ensure the protocol can accumulate and lock in liquidity and governance power.

Assets For Purchase Through Bonding (Subject To Change):

• SYM-ETH LP

• PAN-ETH LP

• $ETH

• $USDC

In order for a new bonding asset to be added to The Pantheon, the project must follow the common governance procedure in order for the team to create the accurate bonding parameters around the asset.

The bonding parameters mentioned use the following levers to ensure sustainability and are core concepts that users who enter the protocol through bonding should be familiar with:

Balance is your balance of tokens. This is the strategic asset used to create a bond.

Bond Price is the price of PAN you get from bonding. You can calculate the bond price using the following formula:

• Liquidity Bonds: (Value of your LP token / PAN you'll get from bonding)

• Strategic Asset: (Value of your token / PAN you'll get from bonding)

Market Price is the market price of PAN.

You Will Get is the number of PAN tokens you will get from bonding.

Vesting Term measures the period a bond takes to fully redeem.

Discount is the difference between the bond price and the market price.

Pending Rewards is the amount of PAN you are entitled to receive from bonding. The bonding function enables a linear vest.

Claimable Rewards is the amount of PAN that you can claim now. This amount keeps increasing as PAN is linearly vested to you over the bonding period.

Full Bond Maturation refers to the block when the bond is fully redeemable.