What is bonding?
Bonding is the protocol's primary distribution mechanism for $MANSSA. It is not a sale — it is a structured commitment.
When you bond, you: 1. Commit capital to the protocol. 2. Receive $MANSSA at a discount to market price. 3. Accept a vesting schedule: 30-day cliff + 180-day linear vesting (210 days total).
Why commit rather than buy?
Bonding aligns holder incentives with the protocol's long-term growth. By accepting a vesting schedule, bondholders signal a commitment beyond speculative buying. In return, the protocol offers a discount of 2–15% (dynamic, market-dependent).
Guardrails
| Parameter | Value |
|---|---|
| Cliff | 30 days |
| Vesting | 180 days linear |
| Discount range | 2% – 15% |
| Daily cap | 1% of circulating supply |
| Circuit-breaker | Activates if discount > 18% or spot price drops > 20%/24h |
The circuit-breaker prevents runaway dilution and protects existing holders — an expression of the First-Holder doctrine.