Bond term
5 days
Paid out in slices, not one lump
imd.cash is the Bank of IMD. Hand it your IMD and it hands back more IMC than that IMD would have bought on the market. You get it over five days instead of all at once. Stake what you get and the balance grows by itself every eight hours.
That is the whole bank. One puts IMD in and gets you cheap IMC. The other makes the IMC you already hold grow.
Pick a term and send IMD to the bank. It quotes a price below what IMC costs on the open market right now, and that price is locked the moment you sign. The IMD goes to the treasury and stays there.
The IMC does not land all at once. It unlocks steadily across the term and you claim whatever has unlocked, whenever you want. That is what stops someone buying the discount and dumping it in the same block.
A three day bond is priced close to market. A fourteen day bond is priced well under it. You are being paid to wait, and you choose how long you are willing to.
Bond income buys the bank its own liquidity instead of renting it from farmers. Nobody can pull the pool out from under the token, because the bank is the one holding it.
You pick a term and the bank prices it. The price you see is the price you get, fixed the moment you sign.
Your IMC unlocks across the term. Claim as often as you like, in whatever amount has unlocked so far.
Claimed IMC is yours outright. Sell it, hold it, or send it straight across to the staking counter.
Staked IMC grows every eight hours. Bond again with the proceeds and the whole loop starts over.
Take the IMD sitting in the treasury and divide it by the IMC in circulation. That is the backing per IMC, and it is the one number worth checking. The only thing that moves IMD back out of the treasury is the bank buying IMC off the market.
Pay in IMD, take delivery of IMC across the term you pick.
Hand over IMC and leave it alone. It grows every eight hours.