TLDR

• Reform introduces a Bonding Treasury as a decentralization fundraising mechanism, starting with 400 million $RFRM (40% of total supply) split evenly between presale and public distribution, allowing for liquidity generation and discounted token acquisition through a locking period with varying discount rates.
• The liquidity raised through the Bonding Treasury fuels high-frequency trading and liquidity provision by the "engine," utilizing strategic allocations across multiple trading pairs to capitalize on market volatility, ensuring substantial profits and market efficiency through advanced trading techniques and liquidity provision.
• Profits generated by the engine are significantly reinvested into purchasing $RFRM, enhancing the liquidity pool within the DAO and sustaining an ecosystem of growth and robust liquidity, embodying Reform's commitment to a sustainable liquidity mechanism for all participants.

Introduction

For a DAO to achieve complete decentralization, its fundraising mechanism must align with this principle. Therefore, Reform has implemented a Bonding Treasury as its fundraising method. Initially, this treasury contained 400 million $RFRM tokens, constituting 40% of the total token supply. From this 40%, half (20%) will be used for the presale, while the remaining half (20%) will be available for public distribution at the TGE.

This Bonding Treasury is the heart of Reform’s value flow. Let’s dive into the complete process in this chapter.

The Bonding Treasury

Before going in-depth into Reform’s money stream, it is first important to cover the mechanism of the Bonding Treasury.

The Bonding Treasury allows the DAO to decentralize fundraising and generates liquidity for Reform. Investors can acquire discounted RFRM tokens by swapping against the Bonding Treasury and locking them in the Staking Contract for a predetermined period.

The Bonding Treasury mechanism holds lots of advantages. It excels in becoming a “storage” for generating liquidity. The structure that it made also allows dedicated buyers to purchase it at a discounted price.

In the future, the gathered liquidity will be strategically used to acquire tokens and execute high-frequency trading & liquidity provisions that consistently generate realized profits.

The Bonding Treasury is locked for certain periods and consists of varied discount market prices:

• 1-year locking period: 5% discount on the market price
• 2-year locking period: 10% discount on the market price