User Scenario 1: Kuma Bond Token With Swap
Last updated
Last updated
The simplest user scenario is when a user sells the KUMA
bond NFT to the KUMASwap
by calling sellBond
while the KIBT
yield is equal or lower that of the bond's coupon. In this case, the Bond is deposited to the KUMASwap
contract and the user receives newly minted KIBT that can then either be held to earn real-time interest, swapped for other assets, or wrapped and used as collateral in DeFi protocols. This is useful for users who want to earn real-time interest or granulate the value of the bond.