# How To Bond Imps ( 1 , 1 )

Bonds allow users to buy **IMP** from the protocol at a discount by trading it with other assets. 

Bonds take 15 epochs to vest, and **IMP** tokens are vested linearly to the user over that period. While liquidity bonds help the protocol to accumulate and lock liquidity, reserve bonds allow the protocol to grow its treasury according to ImpDAOs current investment strategy.

## **How to Redeem**

Go to Bond page and select the bond type you have purchased. Select the "Redeem" tab. Then, click "Claim Rewards" to claim all of your available rewards.

## Reading the Info

![](https://87179277-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Ff6QExUUaHW1v9vPFFoQa%2Fuploads%2Ft2BOMl41n2IT9gfwjeCN%2Fimage.png?alt=media\&token=a51a1e0b-20e5-4354-b318-b16074ff9241)

**Your Balance** is your balance of non-IMP tokens. This is the asset used to create a bond.

**IMP Price** is the market price of **IMP**.

**Bond Price** is the price you pay to buy one IMP. It has to be lower than **Market Price** or it doesn't make sense to bond.

**ROI** is the difference between the bond price and the market price. In the screenshot above, bonding would give you a 9.35% discount versus buying the same amount of **IMP** from the market.

**Vesting Term** measures the period a minting action takes to fully redeem. This number is expressed in days.


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