Bonds
What about Bonds? There are NONE
Alright, let's break it down. Bonds in tomb forks? They're like that friend who borrows cash and never pays you back. Meaning trouble from the jump. The pitch is simple: when the peg's underwater, you trade base tokens for bonds, burn the extras, and hope it jacks up the value. Later, if the peg bounces back, you can cash those bonds for a bonus. In theory, sounds like a great idea. But in reality, it's a terrible move. Those bonds stack up as debt the protocol has to shoulder, and after 100's of protocol failures, it's obvious they don't fix much and just tank confidence and momentum. Picture this: the peg's back, and instead of $KNIGHT holder popping champagne, the protocol's stuck paying off bondholders first. That's a momentum killer. So Medieval is ditching bonds to focus on real growth. No more debt traps.
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