> For the complete documentation index, see [llms.txt](https://cryptodao-it.gitbook.io/c-dao/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cryptodao-it.gitbook.io/c-dao/2.-mechanics/bonds/types.md).

# Types

## Available Bonds

Crypto DAO offers LP bonds with four vesting periods:

| Period   | Discount Range | Vesting |
| -------- | -------------- | ------- |
| 90 days  | 95% – 100%     | Linear  |
| 180 days | 85% – 100%     | Linear  |
| 360 days | 80% – 100%     | Linear  |
| 540 days | 75% – 100%     | Linear  |

Longer commitment = deeper potential discount.

## LP Bonds (USDT)

Currently, the primary bond type accepts USDT:

**You provide:** USDT\
**Protocol creates:** USDT/PRO LP\
**LP destination:** Black hole (permanent lock)\
**You receive:** Discounted PRO (vested)

## Choosing a Bond Period

{% stepper %}
{% step %}

### 90-Day Bond

* Smallest discount (95–100%)
* Fastest vesting
* Good for: Testing bonding, shorter commitment
  {% endstep %}

{% step %}

### 180-Day Bond

* Moderate discount (85–100%)
* Half-year vesting
* Good for: Balance of discount and time
  {% endstep %}

{% step %}

### 360-Day Bond

* Strong discount (80–100%)
* Full year vesting
* Good for: Committed participants
  {% endstep %}

{% step %}

### 540-Day Bond

* Maximum discount (75–100%)
* 18-month vesting
* Good for: Maximum value seekers
  {% endstep %}
  {% endstepper %}

## What "Discount Range" Means

Discounts aren't fixed. They fluctuate based on:

* Protocol liquidity needs
* Current market conditions
* Network debt ratio

A "75–100%" range means:

* Best case: You pay 75% of market price
* Worst case: You pay 100% (no discount)

Check live rates in the dApp before bonding.

## Rebase During Vesting

Your vesting PRO earns rebase automatically:

```
Day 0: Bond for 1,000 PRO equivalent
Day 45: 500 PRO vested + rebase earned on vested amount
Day 90: Full amount + all rebase earned
```

This effectively increases your total return beyond just the discount.

## Bond Period Comparison

Assuming 85% discount and 0.7% daily rebase:

| Period   | Discount Savings | Rebase During Vest | Total Benefit |
| -------- | ---------------- | ------------------ | ------------- |
| 90 days  | 15%              | \~87%              | \~102%        |
| 180 days | 15%              | \~253%             | \~268%        |
| 360 days | 20%              | \~1,169%           | \~1,189%      |
| 540 days | 25%              | \~4,880%           | \~4,905%      |

{% hint style="info" %}
These are illustrative estimates. Actual returns depend on live discount rates and rebase rates.
{% endhint %}

## Multiple Bonds

You can have multiple active bonds simultaneously:

* Each tracks separately
* Different periods allowed
* Claim from each independently

## See also

* [Discount Mechanics](broken://pages/e7a039b4713c920dbdb92b2443791837108c5d1b) — How discounts are calculated


---

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