HOHM--BACKING--PREMIUM--INDEX--APY0%STAKED--SUPPLY--TREASURY--EPOCH--
HOHM--BACKING--PREMIUM--INDEX--APY0%STAKED--SUPPLY--TREASURY--EPOCH--
HOHM
bond markets

No bond market is currently open.

Markets are opened by policy when the treasury wants to acquire reserves. When one is live you can sell USDG to the treasury for HOHM at a discount to spot, delivered over a vesting term.

bond

Nothing to buy right now.

how bond pricing works
price follows demand

Every purchase adds to outstanding bond debt and pushes the price up. Time decays that debt and pulls it back down. A market nobody is buying gets cheaper until somebody does. The discount is not set by anyone; it is discovered.

paced, not first-come

Each market caps the payout of a single purchase, so its capacity sells across its whole life instead of being taken in one transaction. That is the max per purchase figure.

it keeps earning

Your payout is staked the moment you buy and the note is denominated in gHOHM, so it compounds through the whole vesting period. Claiming delivers sHOHM, already staked.

your bonds

No open bonds.