Reserve Bond Sales

Users purchase reserve bonds using USDT, which the protocol fully acquires. As compensation, users receive more ORI tokens than if purchased from the market. Reserve bonds offer users a corresponding discount, and have a 5-day vesting period. After the vesting period, users receive ORI tokens. The mechanism is the same as LP bonds.

When users purchase reserve bonds with USDT, the protocol doesn't need to evaluate its RFV. The protocol mints ORI at 100% of the funds received. Referring back to the previous example, $2,000 worth of LP purchasing liquidity bonds mints 200 ORI, whereas $2,000 of USDT purchasing reserve bonds mints 2,000 ORI (with ORI backing price at $1).

The protocol supplements LP bonds with USDT bonds, capturing the full value of USDT bonds to significantly increase ORI minting, meeting market development needs.