Liquid bonding derivative

Keep your FOLD
in motion.

Deposit FOLD. Receive a liquid vault token. Keep access to DeFi while the underlying strategy earns from bonded ciphernodes.

Non-rebasing ERC-20 receipt Visible exit queue
Total value lockedlive on-chain
1 lbFOLDvalue-accruing rate
Indicative APYbuilding history
Instant liquidityidle vault buffer
Live on-chain data
The lifecycle

One token.
Three clear moves.

lbFOLD separates the utility of your position from the waiting period underneath it—without hiding how value moves.

01
Deposit FOLD and receive lbFOLD

Deposit

Supply FOLD to the vault and mint lbFOLD at the current exchange rate.

02
Vault bonds FOLD to ciphernodes

Accrue

The strategy bonds FOLD to ciphernodes. Earned value accumulates in each lbFOLD.

03
Exit instantly or use the redemption queue

Exit your way

Use available liquidity now, swap externally, or lock a rate and queue your redemption.

1.0001.0361.072
Non-rebasing by design

Your balance stays still.
Its FOLD value can grow.

Instead of adding tokens to your wallet, the vault’s conversion rate changes as rewards are realized. Rates may also decrease if the strategy experiences losses.

Why lbFOLD

Bonded doesn’t have to mean frozen.

A purpose-built vault layer for people who want strategy exposure without losing sight of liquidity and exit timing.

01

Liquidity while bonded

Hold a transferable receipt token while underlying FOLD works in the bonding strategy.

02

Growth in the rate

Rewards accrue to the vault. Your token count stays stable while each lbFOLD represents more FOLD.

03

Built for DeFi

Use lbFOLD as a composable ERC-20 across compatible protocols and liquidity venues.

04

A visible way out

See instant liquidity, queued redemptions, locked rates, and claim timing before you act.

Read before depositing

Yield is not a guarantee.
Risk is part of the position.

lbFOLD is experimental infrastructure. Understand the vault, strategy, market, and operational risks before interacting.

Contract

Smart-contract risk

Vault or integration failures could cause partial or total loss of deposited assets.

Strategy

Slashing passes through

Losses applied to bonded ciphernodes may reduce the FOLD backing lbFOLD.

Liquidity

Seven-day unbonding

Instant exits depend on idle liquidity or the external market. Queued exits are delayed.

Operations

Manual strategy in v1

Bond allocation is team-operated at launch, introducing operational and key-management risk.

Unaudited protocol previewNo independent security audit is represented. Do not deposit assets you cannot afford to lose.
View documentation
Questions, answered

Know what you hold.

Clear mechanics matter. If something is still unclear, read the technical documentation before connecting a wallet.

Open docs

lbFOLD is an ERC-20 vault share received when you deposit FOLD. It represents a proportional claim on the vault’s assets and is designed to remain liquid while underlying FOLD is bonded.

No. Your lbFOLD balance stays constant unless you transfer, mint, or redeem. Yield is reflected in the exchange rate, so one lbFOLD is expected to redeem for more FOLD over time—subject to losses and fees.

You can use available idle vault liquidity for an instant withdrawal, swap lbFOLD in an external Uniswap V3 pool when trading is live, or request a queued redemption and claim after the unbonding delay.

For a queued exit, the FOLD amount is locked when you submit the request. The interface shows this amount before confirmation.

A request can reach its claimable timestamp while corresponding FOLD is still completing the underlying unbonding process. The app marks that state clearly until vault liquidity arrives.

The bonding strategy receives protocol fees and FOLD incentives from Interfold ciphernodes. Returns are variable and are not guaranteed.

No audit is represented in this preview. Treat the protocol as unaudited unless and until a named report is published and independently verified.

No. lbFOLD is an independent third-party derivative and is not affiliated with, endorsed by, or operated by The Interfold.

Ready when you are

Make bonded FOLD
liquid.

Preview the vault mechanics, position dashboard, and transparent redemption queue.

Enter the vault