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BOND tokens
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==== Fixed payout ==== The lifetime <math>L_B</math> of the BOND can simply be set to end once <math>$b</math> is matched in fees by stopping the first time the constraint <math>qf_B^1(L_B)=b</math> is satisfied. In this case, the rate <math>q</math> will be of prime importance when deciding how valuable the BOND reward is. The rate of payout depends on <math>q</math> and <math>f'</math>. Since <math>f'</math> is a random variable, the stopping time <math>L_B</math> is a random variable. If <math>L_B</math> is large, then even though the contract is eventually guaranteed to pay out <math>$b</math> as long as the DAO continues to earn fees, the present value of this solution still depends on chance. A better solution, one that does ''not'' depend on chance, is the following:
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