How to buy a Bond at your desired price (create Buy order)

Step 1: Click on +Bid button

Step 2: Enter the parameters for your Bid order

Choose your Maturity range: This is the range of Bond maturity that you want to buy, NOT related to Bond issuance time
Enter your desired Yield rate: Danogo will prioritize bid with the LOWEST yield for the seller to see you Bidder should enter the lowest yield you are willing to buy the Bond
Enter the amount of Bond Token you want to buy
Danogo will calculate the Ada deposit amount for you. Danogo will hold your ADA deposit but you will be able to keep ALL Staking Rewards until someone sell you a Bond, at that point your ADA will be paid to seller and you will be earning higher yield from the Bond you purchase instead!
Click Submit Bid

Step 3: Sign on Your wallet

When a seller agrees to sell you the Bond at your requested Yield, we will automatically transfer the Bond and leftover deposit back to your wallet

Last updated 4 months ago