Stage 2 - Liquidity Bond

Bonding, Explained

The Bonding Stage is your opportunity to earn yourself a bunch of TST in return for 'bonding' your sEURO.
A bond is similar to a loan where someone buys it for an amount, waits a certain time, and gets the initial purchase price and an interest payment on top of it. We have applied this principle to encourage users to provide liquidity to the protocol and in return receive TST tokens.
You bond two assets, at a ratio that's calculated in the smart contracts. These assets are automatically placed in a liquidity pool. When bonding your tokens, you choose a duration to bond - the longer you bond, the higher the return.
When the bond 'matures', you can exit the bond - you will receive:
  • The total value of both your bonding assets combined, in TST
  • A reward on top, also in TST

How to Bond Your Funds

Stage 2 allows users to bond their sEURO and ERC20 tokens in return for TST, plus interest.
Visit the IBCO dashboard and head over to Stage 2.

Connecting

Visit the IBCO dashboard and head over to Stage 2 - sEURO Bonding. Connect your wallet as instructed instep-1-connecting-to-a-wallet.

Starting a Bond

You can currently only bond sEURO with FUSDT. More options coming soon.
Step 1 - Enter the amount of sEURO you would like to bond. The amount of FUSDT you wish will be automatically calculated.
After entering the amount of sEURO to bond
Make sure that you can see the conversion into corresponding amount of FUSDT and that you have sufficient funds in your account. Step 2 - Select one of the available rates. They usually range from a week up to a year. Here we have chosen 5 weeks.
After chosen a rate to bond
Step 3 - Approve both assets. Press both of the Approve buttons individually and confirm each one on Metamask. Here we are showing an arbitrary approval amount but the process is identical for any asset.
Confirmation of approval to transfer an asset (here sEURO).
Step 4 - Start the bond. Now the Start Bond button should be available to click. Press it and confirm the action on Metamask and you should successfully have created your first bond, congratulations!
🥳

Exiting a Bond

When your bond has matured, you can exit and claim your TST.
It is possible to claim the reward through Remix but we will shortly be updating the web site with the possibility to claim rewards for bonds that have passed maturity. Stay tuned!

Frequently Asked Questions

What Happens to the Funds?

Your sEURO and USDT (or other token) are added to a Uniswap v3 Liquidity pool. This pool is maintained by The Standard DAO.
You can visit the pool, add liquidity to the pool and swap, just like any regular Uniswap pool.
The Standard DAO holds the liquidity pool tokens in a multi-sig wallet.

Can I get my sEURO or USDT back?

You cannot get your original collateral back. If you want to purchase more sEURO, you can do so in Stage 1 or you can swap using the Uniswap pool we created.
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On this page
Bonding, Explained
How to Bond Your Funds
Frequently Asked Questions