Lending capital

Forward specification

This page describes the intended design, not shipped software. The only behaviour live on-chain today is synthetic position creation. The $TRANT token, bonds, staking, liquidity pools and mining, trading, liquidation, and oracle mechanics described across these pages are specified but not built or deployed. See Technical overview.

Opening a bond means lending an accepted asset to the protocol in exchange for $TRANT at a discount, released over a vesting schedule. The capital you lend becomes protocol-owned liquidity.

  1. Open the Bonds page in the TRANT app. Each bond shows the asset it accepts, the current discount, and the vesting term.
  2. Pick a bond and enter the amount you want to lend. The app shows the $TRANT you will receive and when it unlocks.
  3. Approve the bond contract to spend that asset, one-time per asset.
  4. Confirm Bond and sign in your wallet.
A bond is one-way

Once opened, a bond cannot be cancelled and the discount is locked in at that moment. The discount can go negative if the market price of $TRANT falls during vesting. Only lend what you are willing to commit for the full term.

See Bond maturation schedule for how vesting works and Claiming bonds to collect.