Through Olympus Pro’s Bonds Marketplace, Botto users are able to exchange BOTTO-ETH Uniswap LP shares for bonds that emit $BOTTO over time, at a discounted rate. The BOTTO-ETH LP shares are then owned by Botto’s treasury as protocol-owned liquidity (POL). The committed LP shares are locked after bonding. Since the bond market acts as a secondary price discovery mechanism, bond discounts can be more or less predictable depending on the market conditions. For that reason, bonding is regarded as an active, short-term investment strategy that can be profitable if you closely follow the discount rate.