Bond your PB

Bond your PBThe Bond page allow users to mint PB from the protocol at a discount by trading it with i) liquidity (LP tokens) or ii) other assets. The former is called liquidity minting and the latter reserve minting. The minting action create bonds which take roughly 15 epochs to vest, and PB tokens are vested linearly to the user over that period. Liquidity bonding help the protocol to accumulate and lock liquidity, while reserve bonding allows the protocol to grow its treasury, and thus its Backing per PB faster. Piggybank Finance offers currently different types of assets that can be used to bond PB on its website:

• PB - MIM

• MIM

How to Redeem

Go to the Bond page and select the bond type you have purchased. Select the "Redeem" tab.Use the Claim to claim all of your available rewards, and have the pending PB sent to your wallet.​

Read the Info right

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• Bond Price is the price of PB you get from minting.

• PB Price is the market price of PB.

• Your Balance is your balance of LP tokens or asset usable to bond.

• You Will Get tells you how many PB tokens you will get from minting.

• Max You can Buy maximum amount of PB available to be bought.