Bonding

Bonding will give a discount to a user who will purchase vested $BRAINS by paying ETH. This ETH will be sent to the treasury to back and protect the market value of $BRAINS should the price drop below its “backed value”. The backed value is amount of money in the treasury from bonding, divided by the number of $BRAINS in circulation. The amount of discount will vary but will always be displayed on the website before a user mints. For those who need it, there is a guide on how to bond here.

At launch, only naked ETH bonding will be available. We will add other assets should demand grow in the future.