> For the complete documentation index, see [llms.txt](https://docs.dexfi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dexfi.com/dexfi-products/treasury-bonds.md). # Treasury Bonds
Own a share of the DexFi Treasury by investing in Bonds, giving you passive exposure to the same strategies we use ourselves. Enjoy benefits like:
* Expert timing on entry/exit * Strategic liquidity and range management * Early access to token launches * Diversified portfolio allocations ### // Purchasing Bonds Treasury Bonds can be purchased by minting Bonds. Each Bond represents a share in the fund. The price of each Bond is determined based on its relative value to the fund. {% hint style="info" %} Bond pricing formula: **Fund value - USDC (profit) / # of Bonds in the fund = $ of individual Bond** {% endhint %} This method ensures that all participants pay an equal funding rate while still maintaining upside exposure to principle assets in the vaults. *Estimated yield will display below the purchase amount. Any displayed yields, APRs, performance metrics, or historical returns are informational only, variable in nature, and are not guaranteed indicators of future performance.*

No limit on the amount of NFTs you would like to purchase.

### // Bond Staking Purchased Bonds are automatically staked into the farm and earn USDC based on the performance of the positions in the vaults. While Bonds sales are calculated in ETH, profit from vault investments is taken in USDC allowing us to subtract this value from the purchase price of the bonds ensuring that all new deposits go directly towards principle investment.\ \ Profit from vault investments is claimed on weekly epochs. Returns generated are split ≈ 70/30 between Bond stakers and the DexFi treasury.

Stake your Bonds to earn profits from vault performance.

### // Bond Redemption Treasury Bonds can be redeemed at any time for 90% of the Bond's value. Select one or multiple Bonds at a time. Requests are processed within 2 business days. > The 10% exit tax remains in the fund, rewarding long-term holders by redistributing equity to committed investors. This mechanism also helps deter market manipulation and short-term gaming of the system.

Bonds are redeemable anytime—no lockups, no restrictions.

{% hint style="info" %} Bonds must be withdrawn from the farm prior to submitting redemption request. {% endhint %} Simply select how many bonds you would like to redeem. Once the redemptions request has been sent. You can track the redemption process in the Redeem tab. Accepted redemptions indicate that ETH has been sent back to the purchasing wallet.

View the status of your redemptions.

### // Managment & Transparency Funds will be allocated towards curated vault strategies managed by the DexFi team. Our aim is always to provide a moderate risk profile by investing in a mixture of high conviction plays, blue chips and strong alts however we are willing to take on some risk if the right opportunity presents itself. *Digital assets associated with DexFi Bonds may be held in wallets managed or controlled by DexFi or its operators. Withdrawals and redemptions may be processed manually or semi-manually and may require up to 48 business hours or longer depending on operational, market, liquidity, or network conditions.* {% hint style="info" %} **Treasury Bonds EOA Wallet:** [0xd4ec4e5b7625fed3c40bfeec206e49396f02dd54](https://debank.com/profile/0xd4ec4e5b7625fed3c40bfeec206e49396f02dd54) {% endhint %} ### // Affiliate Program Unlike traditional affiliate models, this program was specifically designed to support sustainable platform growth and increased TVL without diluting investor returns. All affiliate commissions are paid exclusively from DexFi protocol fees and are never passed on to investors. Getting started is simple: • Share your unique affiliate link\ • Receive credit for every user who deposits through your link\ • Continue earning commissions on all future deposits made by those users — even after their initial bond is minted, regardless of whether they continue using your link Affiliates can track referrals, monitor total deposited amounts, and claim commissions directly from the dashboard following each weekly distribution.
{% hint style="info" %} Referrers receive 50% of the total commission earned by DexFi, calculated exclusively from generated yield. Referral participants retain full ownership of their deposited funds and continue earning yield on 100% of their balance at all times. {% endhint %} --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.dexfi.com/dexfi-products/treasury-bonds.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.