> For the complete documentation index, see [llms.txt](https://droplits-organization.gitbook.io/droplit-ecosystem/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://droplits-organization.gitbook.io/droplit-ecosystem/bonds.md).

# Bonds

The bond token can be bought when the main token is under peg (TWAP is below 1.01 USDC). The proceeds from the bonds are used to do a buyback of the flagship token (LIT) to create a buying pressure and reclaim the peg. Once TWAP is back to peg, it can be reclaimed at a higher price.
