Fixing this arrangement is thus the promise of so-called DeFi 2.0 projects, like OlympusDAO. One particular feature is Olympus’ bonding function .

Olympus bonds are similar to traditional bonds. They offer users a way to buy discounted OHM tokens by swapping either a handful of cryptocurrencies or liquidity provision (LP) tokens from another exchange like SushiSwap.

But it's the bonding mechanism, not the staking, that’s got DeFi projects excited.

The mechanism is unique enough that Olympus has now rolled out a bonding-as-a-service product called OlympusPro. For a 3.3% fee on all bond payouts in a project’s native token, the Olympu...