> For the complete documentation index, see [llms.txt](https://impdao.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://impdao.gitbook.io/docs/basics/bonding.md).

# Bonding

## What is bonding?

Bonding is how ImpDAO will be selling new shares in the fund. We will sell shares at a discount compared to the current price in exchange for assets, which we will choose as means of payment. Once you bond, you will get the **IMP** token vested linearly every block over a certain period (5 days at launch) and you forfeit the assets you bonded. Ideally, you should claim your vested **IMP** during the bonding duration to stake it before every rebase to earn interest on your unlocked **IMP**.\
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**Please remember that bonding is an active strategy**\
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When buying a bond, you want the bond price to be below the current price of **IMP** (i.e. trading at a discount). In this scenario, you will receive a positive ROI equal to your discount if the price of **IMP** remains flat during your vesting duration.
