FORJ (Bondly) BONDLYPrice $ 0.000485

Bondly will be powering the next generation of digital collectibles with crypto projects, brands and artists.

BONDSwap

Bondly is solving this through the creation of a decentralized cross-chain swap architecture that is fully atomic called BONDSwap (BSWAP). BSWAP allows parties to perform cryptographically-secured OTC trades of cryptocurrencies running on completely different blockchains. While atomic swaps across blockchains of differing native architecture have occurred, to-date they have not scaled similarly with the DeFi movement due to the highly-technical and specialized knowledge required. Furthermore, the current method of retaining atomicity between cryptocurrency pairs requires a very specific interoperability topology, one that is specific to each implementation.  

BOND DEX

Because of our novel cross-chain architecture, Bondly can provide a fully decentralized exchange that is blockchain agnostic. Users can anonymously swap cryptocurrencies operating on different blockchains seamlessly, by leveraging the BSWAP architecture operating on the Bondly Protocol.  

BOND DEX will feature liquidity pools that are pegged to their corresponding market values using our automated liquidity engine. Liquidity pool smart contracts will be supplied market prices through our Oracle service partners such as DOS Network. The Bondly Protocol can instruct the BOND DEX hot wallets on non-turing complete blockchains to lock or release funds, while providing a corresponding instruction to smart contract supported blockchains. Initial support for distributed ledgers that do not have a globally defined state or transactions such as IOTA or NANO will be limited. However, due to cross-chain interoperability, BOND DEX presents an innovative approach to the current DeFi token swapping model by offering pairs not currently supported by existing DeFi projects, such as native BTC/ETH pairs without using a wrapped ERC-20 bitcoin derivative.

BONDProtect

BONDProtect (BProtect) is a smart contract based marketplace payment platform designed to make the buying and selling of any good or service easy and protected.  It offers a more robust set of capabilities that include escrow, recurring payments, and payment protection. It can be used as an individual merchant to sell digital products using the BProtect GUI or integrated into any online marketplace as a payment method comparable to other services like Paypal and Stripe. The core capability of BProtect focuses on purchase, sale and transfer of digital assets including cryptocurrencies, non-fungible tokens (NFT) and more. This makes selling things like making OTC deals with assets not on hand, monthly subscription services, and high priced digital goods easier for the merchant to sell and safer for both sides. It supports all BSWAP cryptocurrencies and is powered by the same base Polkadot technical architecture meaning all bridged infrastructure assets would be available for use.  

BProtect is designed to be used by existing marketplaces as a third-party integration service packaged as an SDK. It allows the marketplace to easily integrate BProtect as part of their infrastructure and set their own deal fees without having to maintain custody of cryptocurrency themselves, with a much lower fee to buyers when compared to other payment options. 

BONDLY Staking

Subsequent to the aforementioned token sale rounds, BONDLY can be obtained through secondary market purchase or through our token staking program. 400,000,000 (40% of total supply) tokens will be reserved for rewards to BONDLY token stakers.

The following activities result in an allocation of the BONDLY token through staking:

BONDLY liquidity pool contributions in our DEX, beyond any earned pool fees

BONDLY held in Bondly platform ERC-20 staking wallets

BONDLY held in Bondly platform native Bondchain staking wallets

BONDLY held by marketplaces and their participants