Users may bond for $rtETH using $rDPX and/or $ETH over a variable vesting period (currently set to 1 day). Depending on which token(s) the user bonds in with, the user journey may look slightly different.
A bonding discount may be set which allows a user to mint bonus $rtETH on bond (this will be shown on the UI).
Standard bonders are required to bring in 75% $ETH and 25% $rDPX.
Once bonded, the vesting period begins immediately.
Delegate bonders either have $ETH or $rDPX only and will be paired with the appropriate opposing token to make up the $ETH and $rDPX required for standard bonding.
$ETH delegates may deposit $ETH that will be matched with $rDPX bonders that utilize their liquidity. Delegates may assign a fee on total $rtETH minted from their deposit which is earned in bonus $rtETH.
The vesting period will only begin once their liquidity has been utilized by an $rDPX-only bonder.
$rDPX-only bonders may bond in $rDPX to be paired with liquidity provided by $ETH delegates. They pay a delegate fee depending on the rate assigned by the delegate they are utilizing. Bonders will automatically use delegates with the lowest fees first.