Perpetual Bonds

"The rules constitute the 'freedom' of the pieces."
Perpetual bonds are an all but defunct financial instrument. Trust is required, so is keeping a receipt forever. Tokenization allows the receipt to serve perpetual functions - viz., as currencies - in our decentralized exchange. This provides at least a three-fold value for participants:
  1. 1.
    Returns are issued in perpetuity according to the terms of the bond.
  2. 2.
    As currencies in Active Yield Generating Pools (may overlap with 1).
  3. 3.
    In transaction fees distributed to liquidity providers according to our fee structure.
The return structure for each receipt-token will be consistent with the function the token is intended to perform. Wrapped tokens, such as xOpenX, receive interest and transaction fees. Our algorithmic synthetics will serve to peg a particular value, be it stable or volatile.
Perpetual Bonds currently offered by the OpenX Project: