How Bondly Works
Pool Mechanics
Group Structure: Each pool consists of 11 users.
Monthly Contributions: Users agree on a fixed monthly contribution amount (e.g., $100).
For the first 11 months, one user is randomly selected to receive the pooled funds.
Once selected, a user cannot win again in these months.
Rewards
Contributions are placed in DeFi protocols to generate returns.
Monthly winners receive their pooled funds plus the rewards generated.
The 12th Month
Leaderboard Competition:
Users compete for accumulated lending rewards through a point-based leaderboard.
The top 3 participants split the final rewards based on their leaderboard rankings.
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