# Developer Docs

Bond Protocol launched on October 3rd, 2022 with a mission to empower sustainable treasury growth for crypto projects. Currently, our product suite consists of two flagship products — [Permissionless Bonds](https://docs.bondprotocol.finance/products/permissionless-bond-marketplace) (live on Ethereum, Arbitrum, and Optimism) and [Options Liquidity Mining](https://docs.bondprotocol.finance/products/options-liquidity-mining) (live on Ethereum and Arbitrum)**.**

There are two primary inefficiencies within the crypto industry that we are solving:

* Projects that aim to diversify their treasury, acquire new assets, and extend their runway have limited options and are forced to operate on open markets. This is troublesome due to slippage and price impact, especially when it involves selling native token(s). 
* Projects set aside a large portion of their token supply to incentivize participation, and current distribution mechanisms lead to significant sell pressure, goal misalignment, and a decreased treasury size.

<figure><img src="https://content.gitbook.com/content/RLNHGppzWLIBhbHOvrRS/blobs/nGq8lngCJ00VLcVk4wRf/Bond%20System%20Architecture%20-%20General.png" alt=""><figcaption><p>Architecture Overview</p></figcaption></figure>


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