Bondly
  • Welcome
  • Whitepaper
    • Introduction
    • How Bondly Works
    • Gamification and Incentives
    • Revenue Model
    • Technical Implementation
    • User Journey
    • Benefits
    • Conclusion
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  • Pool Mechanics
  • Rewards
  • The 12th Month
  1. Whitepaper

How Bondly Works

Pool Mechanics

  1. Group Structure: Each pool consists of 11 users.

  2. 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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Last updated 2 months ago