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GitBook: [#3] Change "Nahmii Bonds" to "Bondii" in "Getting Started",…
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Immanuelolivia1 authored and gitbook-bot committed Oct 13, 2022
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1 change: 0 additions & 1 deletion SUMMARY.md
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## NAHMII BONDS PARTNERS

* [Getting Started](nahmii-bonds-partners/getting-started.md)
* [Security & Audits](nahmii-bonds-partners/security-and-audits.md)
* [Contracts](nahmii-bonds-partners/contracts/README.md)
* [Abracadabra](nahmii-bonds-partners/contracts/abracadabra.md)
* [StakeDAO](nahmii-bonds-partners/contracts/stakedao.md)
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2 changes: 1 addition & 1 deletion nahmii-bonds-partners/contact.md
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# Contact

We are setting up our support system. In the meantime, if you encounter any issues, please reach out to our DAO members on [OlympusDAO Discord](https://discord.com/invite/42xFV68uEf).
If you encounter any issues, please reach out to at [email protected]. 
6 changes: 3 additions & 3 deletions nahmii-bonds-partners/getting-started.md
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## Supplying Information to Nahmii

Fill up this [notion form](https://notionforms.io/forms/olympus-pro-application) to register your interest in becoming a partner of Olympus Pro.
Fill up this [~~notion form~~](https://notionforms.io/forms/olympus-pro-application) to register your interest in becoming a partner of Bondii.

1. Total pilot emissions (e.g. 1,000,000 ABC token or USD equivalent).
2. Token contract address
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1\. Nahmii will deploy the factory contract, [~~OlympusProFactory~~](https://etherscan.io/address/0xb1F69deCb09D8490E3872FE26D27a7b83493cd65).

2\. Nahmii will use the factory contract to deploy Nahmii Bonds `Custom Treasury` and Nahmii Bonds `Custom Bond` contracts, with the `owner` set to your **multisig address**.
2\. Nahmii will use the factory contract to deploy Bondii's `Custom Treasury` and Bondii's `Custom Bond` contracts, with the `owner` set to your **multisig address**.

{% hint style="info" %}
At this point, you are in full control of the Custom Treasury and Custom Bond contracts.
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| minimumPrice | Minimum price of the bond |
| maxPayout | Max payout as a % of total supply |
| maxDebt | Ceiling on how many bonds can be outstanding |
| initialDebt | Initial debt used for initializing the contract |
| initialDebt | Initial debt used for initialising the contract |

<figure><img src="../.gitbook/assets/initbond.png" alt=""><figcaption><p>Nahmii will supply the initialisation parameters</p></figcaption></figure>

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3 changes: 0 additions & 3 deletions nahmii-bonds-partners/security-and-audits.md

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22 changes: 11 additions & 11 deletions nahmii-bonds-users/bond-marketplace/README.md
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# Bond Marketplace

Bond Marketplace
---
description: A marketplace for your favourite DeFi tokens, offered at a discounted price.
---

A marketplace for your favorite DeFi tokens, offered at a discounted price.
# Bond Marketplace

The Bond Marketplace is the heart of Olympus Pro. It provides the user with a suite of different bonds they can purchase from:
The Bond Marketplace is the heart of Bondii. It provides the user with a suite of different bonds they can purchase from:

Bond Marketplace interface

{% content-ref url="how-to-bond.md" %}
[how-to-bond.md](how-to-bond.md)
{% endcontent-ref %}





Last modified 1yr ago
{% content-ref url="claim-rewards.md" %}
[claim-rewards.md](claim-rewards.md)
{% endcontent-ref %}
6 changes: 4 additions & 2 deletions nahmii-bonds-users/bonding.md
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# Bonding

## What is Bonding?

**Bonding is a mechanism in which a user can sell assets to a protocol in exchange for its native token.**

To incentivize users to sell to the protocol, rather than the open market, bonds are offered at a discounted rate. Bonds also have a vesting period to prevent users from selling all the discounted tokens at once for a quick profit. Bond price is determined by the supply and demand of bonds. It trends higher when there is more demand. As a result, bonding is a very competitive space - bonders compete with each other to grab the largest discount.
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As mentioned earlier, bonds are linearly vested over a period of time (5 days by default) to reduce sell pressure due to arbitrages.

### &#x20;<a href="#what-are-the-benefits-of-bonding" id="what-are-the-benefits-of-bonding"></a>
## **What are the Benefits of Bonding?**

**Bonding allows a protocol to accumulate their own liquidity.**

* **Protocol Owned Liquidity** (POL) guarantees users that there is always sufficient liquidity for normal market operation. In other protocols, in case of a bank run, liquidity is often pulled from the protocol, exacerbating the situation with less exit liquidity.
* **POL transforms liquidity from a liability to a revenue source.** Every swap transaction in a pool contributes a 0.3%/0.25% (Uniswap/Sushiswap) fee to the LPs. As liquidity is permanently locked in the treasury, these fees provide a constant source of revenue for the protocol.
* **POL transforms liquidity from a liability to a revenue source.** Every swap transaction in a pool contributes a 0.3% (NiiFi) fee to the LPs. As liquidity is permanently locked in the treasury, these fees provide a constant source of revenue for the protocol.
* **POL allows for additional yield farming opportunities.** For example, Sushiswap offers [the Onsen program](https://docs.sushi.com/products/yield-farming/what-is-onsen), where protocols could have their liquidity pair listed for SUSHI rewards. Once successfully listed, the protocols could deposit their SLP tokens into the Onsen menu and farm SUSHI tokens.
8 changes: 4 additions & 4 deletions nahmii-bonds-users/faq.md
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# FAQ

### &#x20;<a href="#why-do-i-want-to-use-olympus-pro" id="why-do-i-want-to-use-olympus-pro"></a>
## Why do I want to use Olympus Pro?

It allows you to buy your favorite DeFi tokens at a discounted rate. Besides, you are helping the protocol to [accumulate their own liquidity](broken-reference) in the process. This keeps your goal and the protocol's aligned.
It allows you to buy your favourite DeFi tokens at a discounted rate. Besides, you are helping the protocol to [accumulate their own liquidity](https://docs.olympusdao.finance/pro/#benefits-of-olympus-pro-for-protocols) in the process. This keeps your goal and the protocol's aligned.

### &#x20;<a href="#what-is-the-relationship-between-olympus-pro-and-olympusdao" id="what-is-the-relationship-between-olympus-pro-and-olympusdao"></a>
## What is the relationship between Bondii and Nahmii?

Olympus Pro is a service offered by [OlympusDAO](https://www.olympusdao.finance/#/). OlympusDAO provides infrastructure, expertise, and exposure to other protocols in setting up the bond mechanism in exchange for a fee.
Bondii is a service offered by [Nahmii](https://nahmii.io/). Nahmii provides infrastructure, expertise, and exposure to other protocols by setting up the bond mechanism in exchange for a fee.

### &#x20;<a href="#do-i-receive-ohm-from-olympus-pro-bonds" id="do-i-receive-ohm-from-olympus-pro-bonds"></a>

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