Stellar Community Fund

By BondHive:OnChain Fixed Deposit

BondHive:OnChain Fixed Deposit

SCF #29

$100.0K

Legacy v5.0 Community Award

Awarded

Bond Hive simplifies on-chain savings, offering fixed returns by tokenizing carry trade, making complex futures easy for everyone

Products & Services

What It Is: Bond Hive offers Crypto Yield Bonds that function like fixed deposits on-chain, leveraging arbitrage opportunities from futures perp and futures delivery on centralized exchanges. These bonds provide users with predictable returns from the futures market, simplifying complex trading into a straightforward savings product.

Problems It Solves: Bond Hive addresses the complexity and inaccessibility of futures arbitrage in decentralized finance, making it simple for casual investors. It also enhances capital efficiency by issuing a stablecoin on top of the bonds, offering additional liquidity and usability.

Audience: Targeted at users in Latin America and other regions, Bond Hive allows easy access to on-chain savings with fixed returns visible upfront, making it ideal for those seeking reliable and simple investment options.

How It Works: Bond Hive leverages the Stellar network to issue and manage Crypto Yield Bonds, capitalizing on Stellar’s fast and low-cost transactions for a scalable and efficient service. The platform integrates with major exchanges like Binance, OKX, Bybit, and Deribit to enter positions by arbitraging perpetual and delivery futures. This operation tokenizes funding fees from these futures, converting them into bonds that offer stable returns. Collateral is kept with on-chain custodians, namely Copper and Ceefo, to minimize counterparty risk and ensure all operations are blockchain-integrated.

Use of Stellar and/or Soroban: Our platform capitalizes on Stellar’s high transaction throughput and integrates with Soroban for advanced smart contract capabilities. This setup manages the entire bond lifecycle—from issuance to maturity—ensuring seamless and secure operations.