# Bonding ### What is bonding? Bonding is the secondary value accrual strategy of VNTR. It allows VNTR to acquire its own liquidity and other reserve assets such as ETH by selling VNTR at a discount in exchange for these assets. The protocol quotes the bonder with terms such as the bond price, the amount of VNTR tokens entitled to the bonder, and the vesting term. The bonder can claim some of the rewards (VNTR tokens) as they vest, and at the end of the vesting term, the full amount will be claimable. Bonding is an active, short-term strategy. The price discovery mechanism of the secondary bond market renders bond discounts more or less unpredictable. Therefore bonding is considered a more active investment strategy that has to be monitored constantly in order to be more profitable as compared to staking. Bonding allows VNTR to accumulate its own liquidity. More Protocol-Owned Liquidity(POL) ensures there is always locked exit liquidity in our trading pools to facilitate market operations and protect token holders. Since VNTR becomes its own market, on top of additional certainty for VNTR investors, the protocol accrues more and more revenue from LP rewards bolstering our treasury. --- # Agent Instructions: 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: ``` GET https://vntrdao.gitbook.io/vntr-dao/bonding.md?ask= ``` The question should be specific, self-contained, and written in natural language. 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.