$BDXN, Bond Points, and User Reputation

$BDXN serves as the main vehicle for value accrual and governance across the Bondex Network and its applications.

Due to App Store regulations, Bond Points are used in the Bondex Mobile Application in lieu of the token, and exist only within this closed system. They are not exchangeable or tradeable for $BDXN. Bond Points are needed by users in order to perform actions in the mobile application, which can then lead to improved UserReputation.

UserReputation is an offchain score that users build by engaging in positive sum behaviours that contribute to the health of the network. This score can be built by using web, or mobile applications on the Bondex Network. It serves as a pre-requisite to receiving Seasonal Airdrops.

Locking $BDXN can lead to boosted UserReputation, however the amount of Bond Points held does not affect the UserReputation (furthermore, there is no locking mechanism for Bond Points).

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