Tokenomics

Bonding Finance is governed by Bonding DAO Token (BND) and Escrowed Bonding DAO Token (esBND). BND and esBND have equal voting rights, at a 1:1 ratio.

The max supply of BND and esBND is 1 million each. Upon deployment, 1 million esBND will be minted to the deployer and 1 million BND will be minted to the esBND contract. After deployment, no more tokens can be minted, ever.

To convert esBND to BND, users need to burn their esBND and will receive a 1:1 ratio of BND vested linearly over 1 year.