> For the complete documentation index, see [llms.txt](https://pegbreaker.gitbook.io/pegbreaker-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://pegbreaker.gitbook.io/pegbreaker-docs/platform-and-features/bond-issuance-and-management.md). # Bond Issuance and Management The PegBreaker bond issuance and management system is designed to allow users to purchase bonds using DPG tokens. These bonds provide long-term returns benefiting from the stability of the PegBreaker ecosystem. Bonds can be purchased when DPG is priced below $1. The bonds will last indefinitely until the price reaches $1, at which point they can be redeemed. *** ### Bond Terms and Issuance * Bonds are issued when the price of DPG is below $1. * Users can purchase bonds by burning DPG tokens. * Bonds can be traded on secondary markets, allowing users to buy or sell bonds at varying prices. * Bonds last indefinitely and can be redeemed when the price reaches $1. ### Bond Staking and Requirements * To purchase bonds, users must burn DPG tokens. * Bondholders must stake their bonds for the duration of the term. * Bondholders are eligible to receive returns based on the price dynamics of DPG and the protocol's liquidity. ### Bond Return Rates and Examples * Bondholders receive returns based on the performance of DPG's price and the stability of the PegBreaker system. * Returns are allocated as a percentage of the bond's value when the price reaches $1. * For example, if a bondholder purchases a $1 million bond, they will continue holding it until the price reaches $1, at which point they can redeem the bond for its full value. The bond issuance system allows for a sustainable and flexible approach to long-term investment in the PegBreaker ecosystem. Bonds will last indefinitely, and their redemption depends on the price of DPG reaching $1. --- # 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, and the optional `goal` query parameter: ``` GET https://pegbreaker.gitbook.io/pegbreaker-docs/platform-and-features/bond-issuance-and-management.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. 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.