Chicken Bonds
Bond
bLUSD benefits from an amplified yield*
Yield is automatically reinvested and compounded
Growing price floor and limited downside risk**
By bonding LUSD users can obtain bLUSD at a discount while protecting their principal. More details here.
Deposit LUSD and accrue bLUSD – no maturity and no lock up
Claim bond any time and get the accrued bLUSD in exchange for your deposited LUSD
Or
Cancel bond at any time and get back your LUSD
Sell bLUSD and rebond or just hold bLUSD and benefit from the amplified yield*
Every user will get an on-chain Dynamic NFT that changes based on the users' actions
Due to a yield amplification effect, your boosted LUSD (bLUSD) earns a higher yield than a deposit in Liquity’s Stability Pool
As the yield is automatically reinvested rather than paid out, there’s no need to compound manually. bLUSD can be redeemed for an increasing amount of LUSD, resulting in a rising price floor.
Get a boosted yield by bonding LUSD or buying bLUSD on the market.
How it used to be
Boosted LUSD Yield Strategy
* See our User docs for more information on the amplified yield.
** See our User docs for exceptions and risks.
