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How to Purchase Bonds
Please follow the steps below:
First of all, to buy liquidity bonds make sure you have XPH-BUSD LP in your wallet (we will add other trading pools later). If you don't have it, you can go to PancakeSwap to buy it.
To buy reserve bonds, please make sure you have BUSD in your wallet, if not, you can go to PancakeSwap or CoinSwap to purchase.
steps:
  1. 1.
    Go to the Bond page on the Xenophon website and there are two tabs: "Bonds" and "Redemption". Make sure "Bond" is selected;
2. Enter the amount of BUSD you want to bond. Make sure you do not exceed the amount allowed to be bound. The Max You Can Buy field below shows the maximum amount of XPH you can purchase;
3.If this is your first purchase, you will need to approve the Xenophon contract in order to use your BUSD. Click "Approve" and sign the transaction;
4.After successfully processing the "Approve" transaction, refresh the page and the "Approve" button should now be changed to show "Bond";
5.Click on "Bond" and sign the transaction.
Glossary:
Nouns
Explanation
Bond Price
XPH's bond prices
Market Price
Market price of XPH
Your Balance
The balance of your SLP tokens, this is the asset used to create the bond
Your Will Get
How much XPH you will get from the bundle
Max You Can Buy
The maximum amount of XPH you can purchase
ROI
Discount Rate
Debt Ratio
The debt ratio measures the total amount of XPH generated by bonds that have not yet been paid by the Protocol
Vesting Term
Vesting period measures how long it takes to fully redeem the bond (approximately 5 days)
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