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Purchasing bonds

To acquire a specific bond, you can utilize our Bond Contract listings or access a direct link to the desired Bond Class. You will see Bond Class terms there. When purchasing a bond, you must provide the minimum amount out and the slippage. The minimum amount out represents the minimum number of tokens you want to purchase. We specify a minimum due to the possibility of setting dynamic pricing for each Bond Class. In case dynamic pricing is active, the bond's price may fluctuate between the time you retrieve it from the chain and the time you sign the transaction. This is why the slippage parameter is available. For Bond Classes with a fixed price, you will always receive the minimum amount out.

Verified bonds

You may notice an icon Locale Dropdown on bond class listings that indicates the token address has been verified and is an official token. We allow anyone to deploy bond contracts, which means someone could create a new token named USDC in their contract and use it as a reward token. Users could mistakenly believe it is the official USDC token with an attractive price, but in reality, it would be just a worthless token with the same name. A verified token means that the token contract address matches popular tokens.

If you do not see the verified icon for a particular token, it does not necessarily mean that something is wrong. This usually occurs with less popular tokens that have not been verified by us. In such cases, it is crucial to verify that the reward token address matches the token you intend to purchase a bond for.