How to buy & redeem CryptoWar Bonds
How to buy & redeem CryptoWar Bonds
CryptoWar xBlade releases Bonds on 24th December 2021. Initially, there are 2 bond types:
BUSD 7-Days
BUSD 30-Days
Later, we releases xBlade 180-Days Bond.
Each Bond has specific vesting terms, you can get details there
Read Wiki: https://wiki.cryptowar.network/xblade/bond-sales
Buy there: https://bond.cryptowar.network/#/
To buy Bonds, you will have to prepare some things as follow:
Prepare a compatible wallet such as MetaMask, SafePal, C98, etc.
Prepare your BUSD or xBlade for BUSD bonds and xBlade bond respectively.
Identify which Bond you want to buy. See a summary table for Vesting term and ROI
Notes:
Max you can buy
Max for each round you buy a bond
In total, no max cap, you can buy as much as you want!
About vesting terms
Due to high demand, after each round of BUSD 50-days & xBlade 220-Days Bonds, we will increase vesting time for the next round
BUSD 50-days: increase 5 days/ round
xBlade 220-days: increase 20 days/ round.
What does it mean? The earlier you buy our Bonds, the shorter vesting time you will have to wait for completion of your Bond.
Ok, let’s get started with step 1 & 2
Add Binance Smart Chain to your wallet
Add xBlade token to your wallet with the smart contract: 0x27a339d9b59b21390d7209b78a839868e319301b
Read this article from Binance Academy for MetaMask: https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain
Connect your wallet
After clicking on Connect Wallet, you will have multiple choices to use. Choose a wallet you want to use for connection
After you connect your wallet, you can click on a specific Bond to buy. For example, Click on Buy button for xBlade 220-days Bond.
If it is your first time to buy a specific bond, you will have to click on Approve (see screenshot). For later times, you won’t have to do this.
Click on Approve to give permission to access your xBlade in that wallet. You need to finish that transaction (click on Confirm).
When the transaction is completed, you will be able to buy the Bond. Click on Buy button.
Enter the amount you want to buy
Max you can buy: 28,000 xBlade (each time)
When the Buy transaction is done, you can click on Redeem to see Countdown timer for Vesting time as well as Claimable rewards which you can claim at any time you want.
What if I buy a specific bond more than once?
Your vesting period will reset to 0
Pending Claimable reward will reset to 0
So if you buy xBlade 220-days bond on 1 January 2022, and want to buy other bonds on 7 Jan 2022, 14 Jan 2022, etc., we strongly advise you to use a new wallet for this purpose. Else, you will have to wait longer to claim your previous Bond(s).
However, if you have plans to buy multiple times, in short period of time, within a few minutes, you can do it with a single wallet. Because reset does not have big effect in this case.
What are benefits for investors by buying bonds in particular and for xBlade price in general?
For investors
Bonds are for long term investors. After you buy a bond, your initial capital will be locked and it will only be claimed linear over vesting period.
It means you won’t be able to unlock your initial capital at once whenever you want. You have to do this gradually, with linear vesting terms (read in Wiki).
It has good effects for investors who are bad with patience & discipline for their investment plan. They can find hidden gems but fail to HODL and get rich. As the saying goes “If you can’t HODL, you can’t get rich”. Our Bonds help you to make sure you won’t break your HODL plan.
For xBlade price
There are good effects on price in long run for some reasons because 100% proceed from the Bond Sales will go to Liquidity Pool and Buy Back mechanism.
50% BUSD will be added to Liquidity Pool by : 25% to buy xBlade + 25% add directly to Liquidity Pool.
50% BUSD will remain and execute Buy Back mechanism every 8 hours by 1% of total amount.
Our Bond policy
ROI: fixed, unchanged
Vesting period: will be changed for BUSD 50-days & xBlade 220-days after each round. +5 days for BUSD-days & +20 days for 220-days / round. Therefore, if you want to HODL, don’t hesitate to buy our Bonds.
Pay attention on reset on Vesting period & Pending Claimable tokens
No max of Bond cap for each address. You can buy as much as you want!