BOND — A Transformative Token Empowering $AMB and AirDAO Ecosystem

Coinstore
3 min readAug 28, 2024

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What is BOND and What Does it Solve?

BOND represents a sophisticated evolution of $AMB. And Airdao is a community-governed L1 blockchain and ecosystem of Web3 dApps powered by $AMB. $BOND token is one of the main tokens on the Kosmos platform with a phenomenal yield of 80% per annum. $BOND is meticulously crafted to empower users — particularly validators — with the tantalizing prospect of reaping enhanced rewards at the cost of immediate liquidity. This distinctive token stands as the premier reward medium for validators, enabling them to secure their $AMB assets for a preordained duration.

Throughout this period, though redemption of $AMB is temporarily suspended, stakeholders retain the freedom to trade, vend, or retain $BOND tokens within the dynamic confines of the Kosmos Marketplace.

This innovative framework presents an irresistible proposition for astute long-haul investors nestled within the intricate AirDAO ecosystem, beckoning especially to validators who possess the sagacity to defer gratification in anticipation of bountiful yields upon the tokens’ maturation. As the bond ripens to its full potential, $BOND holders gain the privilege of exchanging their tokens for $AMB, which in turn may be transmuted into a myriad of digital assets within the AirDAO ecosystem or even into tokens sourced from diverse external projects.

Token Overview

  • Token name: BOND Token
  • Token symbol: BOND/USDT
  • Total supply: 66,483,637

What Are the Strengths of BOND?

In the realm of AirDAO, the strength of BOND shines brightly through its innovative approach to validator block rewards. Let’s unravel the intricacies that make this system a beacon of efficiency and fairness.

Elastic Block Rewards System: AirDAO employs a revolutionary mechanism known as Elastic Block Rewards to allocate rewards to users engaged in running validator nodes on their blockchain. This dynamic system finely tunes the total block rewards based on the proportion of staked circulating AMB tokens. Here’s how it operates:

Minimum Block Reward: Even when a modest portion (less than 13%) of circulating tokens are staked, a minimum of approximately 14 AMB is guaranteed as a reward, ensuring a baseline level of compensation.

Increasing Rewards: As the percentage of staked circulating supply rises, so does the total block reward, peaking at around 33.90 AMB when 50% of tokens are staked.

Maximum Theoretical Reward: The pinnacle of around 60.8 AMB is envisioned when virtually all circulating AMB tokens (100%) are staked, although this scenario is practically unattainable due to tokens naturally circulating outside the staking system.

Conclusion

$BOND emerges as a transformative evolution of $AMB within the dynamic AirDAO ecosystem, offering a strategic solution to enhance rewards while balancing liquidity needs. As a premier reward medium for validators, $BOND empowers users to secure their assets for future gains. Through a meticulously designed framework, $BOND not only caters to long-term investors but also fosters a vibrant ecosystem within AirDAO.

BOND Official Media

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