Bonds are an OTC deal type with one Maker and many Takers designed for Protocols, DAOs and Projects to use their treasury to raise funding. The Maker sets the terms of the deal. The Taker receives bTOKENs when they participate in a deal. bTOKEN holders can view and claim bTOKEN balances in their portfolio. bTOKENs are used to redeem the underlying TOKEN once the Bond deal has matured.