Quickstart
1. Connect
Open the app and connect a wallet on Ethereum mainnet. If you are on another network the app tells you and offers to switch — it never lets you sign against the wrong chain.
2. Buy
Enter an amount of ETH and confirm. During the launch window a banner shows the current tax and how long until it settles at 3%. The quote you see already includes it.
3. Open a bond
Two ways in:
- Sell. 20% of the net automatically becomes a bond at 10%/day. Nothing to do.
- Commit. Choose an amount between 20% and 100% of your balance. The bond starts at 15%/day — the 10% base plus a +5 boost. This is the better path if you are not trying to exit.
4. Compound, or claim
- Compound rolls your accrued rewards into the principal and adds +0.25 point to your daily rate, at most once per six-hour window.
- Claim pays the rewards out. Your rate is untouched.
Compounding every six hours reaches the 20%/day effective cap in 5 days from a commit bond, 10 days from one created by a sell.
Before you start
- Selling costs 22.4% in total — unless the sale fits inside your retention-free allowance (5x your commit principal, lifetime), which costs the 3% tax only. Buying always costs 3%. Know this before you size a position.
- Selling or transferring even one token out of your wallet permanently strips the +5 boost from every commit bond you hold. Harvest before you sell.
- A bond's principal is never returned. Only the rewards are.
- The reward pool is finite. See the reward pool.