Wifey Profile picture
May 14, 2024 7 tweets 2 min read Read on X
Exciting developments in leveraged bonding are on the horizon. Let's dive into what TLX (@TLX_FI) has in store for tokenomics! 🧵👇 Image
TLX introduces leveraged bonding, offering an alternative way of redeeming leveraged tokens. Users can bond their leveraged tokens for $stTLX at a discount, enhancing liquidity management within the system. But how does bonding work? Let's break it down.
TLX's bonding mechanism operates with a base amount of $sUSD, determined by governance. At any point, users can bond for the full amount of bondable $stTLX. The amount of bondable $stTLX increases linearly per second, creating a dynamic system.
Here's an example to illustrate: Suppose the base amount is $15,000, and the accumulation pace is 0.7 $TLX per second. After 59.52 hours, bonding becomes profitable. As time progresses, the discount on bonding increases, reaching 17.33% after three days. Image
Leveraged tokens worth $1,000 could be bonded for $1,209.60 worth of $stTLX. Even as the available discount decreases with bonding, the system maintains a constant base amount, ensuring a fair and predictable bonding process for users.
TLX's leveraged bonding mechanism opens up new possibilities for traders and liquidity providers. By incentivizing bonding with discounts, $TLX fosters liquidity and stability within its ecosystem. Stay tuned for more updates on TLX tokenomics! #TLX #LeveragedBonding
Only possible on ™️TLX.FI

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