LUSD ChickenBonds
Chicken Bonds introduces a novel bonding mechanism which allows protocols to bootstrap liquidity at minimal cost and provides better user protection than existing bonding alternatives. The bonding mechanism can be applied to yield-bearing tokens. This is the initial version for L
## Overview LUSD Chicken Bonds is a bonding mechanism designed to solve a persistent problem in decentralized finance: how protocols can bootstrap and sustain liquidity without excessive cost or complexity. Rather than relying on traditional liquidity mining incentives or automated market maker (AMM) mechanisms alone, Chicken Bonds introduces a structured bonding framework that aligns incentives between protocols and users. The mechanism was created to address the inefficiencies of existing bonding models, which often result in high slippage, poor user experience, and unsustainable subsidy req
