Bond

$SBOND (bond tokens) are available for purchase when $STOMB falls below $SOL peg. Specifically:

• If $STOMB's TWAP (Time Weighted Average Price) is below 1.00, $STOMB can be exchanged for $SBOND at a 1:1 ratio.

• If $STOMB's TWAP is between 1.00 and 1.01, neither $SBOND nor $STOMB will be issued.

Redemption of $SBOND: $SBOND are available for redemption when $STOMB's price goes above the $SOL peg. To encourage redemption of $SBOND for $STOMB when $STOMB's TWAP exceeds 1.1, and to incentivize users to redeem at higher prices, the redemption of $SBOND will become more profitable as the $STOMB's TWAP increases.

The exchange ratio from $SBOND to $STOMB is defined as 1:R, where R can be calculated by the following formula:

$𝑅=1+[(𝑆𝑇𝑂𝑀𝐵_−1)×𝑐𝑜𝑒𝑓𝑓𝑖𝑐𝑖𝑒𝑛𝑡]R=1+[(STOMB_{\text{TWAP}}−1)×coefficient]$