Bond

bond_

Hand HOOKR to the Floor Reserve, receive BAIT 10% under the pool price over 5 days. Nobody sells into the pool; the backing goes up the moment you bond.

Launching today. Numbers are illustrative until the contracts post; buttons are disabled.

Worked example

Pool price 0.0000120 HOOKR per BAIT. You bond 1,000 HOOKR.

Bond price (10% off)0.0000108 HOOKR
You receive92,592,592 BAIT, vesting 5 days
The pool would have given≈ 81,600,000 BAIT after the 2% buy tax and price impact
Floor Reserve+1,000 HOOKR, immediately
After 2.5 days46,296,296 BAIT redeemable
Numbers are rounded for the example; the panel quotes the contract's exact payout.

Caps and why

Minimum10 HOOKR
One bond≤ 0.5% of the inventory left
One 6h epoch≤ 3% of the inventory the epoch opened with
Rebondingpays what has vested, merges the rest on a fresh 5-day clock
The price the bond uses is the pool's current price. Someone could dump BAIT to lower it and then bond. The per-bond and per-epoch caps make that trade small, and the 5-day vest means they cannot sell what they bonded before the market has moved on.