3Bonds
Guild NFTs.
NFT details.
Name: Guild NFT, (also referred to as 'G.NFTs' or '3.finance Bonds')
Address: [Contract address will be added here when deployed]
Type: ERC721.
Hard Cap: None (Infinite).
Function.
Guild NFTs (hereafter referred to as 3Bonds), are saving vehicles offered by 3 and hence liabilities; Holders of 3Bonds (and by association; GUILD), are therefore considered Creditors of 3.
'Once people grasp its revenue potential, then it may indeed become a savings vehicle.'
The following descriptions serve to convey the purpose and potential of the 3Bond as it exists within 3's ecosystem, in as brief a manner as possible.
Issuance.
Formatted to constitute exactly 10,000 GUILD tokens, 3Bonds, may be acquired in several ways:
By purchasing Startup tokens which will be convertible to 3Bonds at the fixed rate of 1:1.
By accumulating 10,000 GUILD so they may mint 1x 3Bond (aged).
By purchasing the right to mint a 3Bond at a fixed rate of 10,000 [stable] for 1x 3Bond (adolescent). (crvUSD is currently the designated stable in use by 3).
Model.
Aged vs. Adolescent.
Governance.
Utility.
Savings vehicle.
Guarantee of settlement.
Settlement.
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