First you will need a wallet such as MetaMask, Rabbi or Trust Wallet that can connect to DexFi, then you need to fund your wallet with Eth on Base network (Base is a layer 2 and has much cheaper gas than Eth Mainnet). Many of these wallets will allow you to swap coins within them, or you can use ChangeNow or Changelly.
The price of the bonds does vary with the price of Ethereum, but at the time of writing they are $31.53. Once you have connected your wallet your Eth balance will show beneath the price (Balance: 0.0002 Eth in the image below).
You need to decide how many bonds you want to buy (or mint) by clicking ‘+’ and it will show the earnings below under estimated yield.
The yield does vary as well depending on the price of Eth and the underlying LP Pools that the bond deposits are used for. As you can see below at present it is 65.49%.
Unlike most LP providers you can see where every $$ deposited goes by clicking on ‘Verified on DeBank’ under Fund Value shown in the image below. This will show you details of the wallet and how the funds are distributed.
Once you have deposited you will start to earn USDC (on Base) and you can claim at any time (there is a small gas fee of around 1c per claim), by just clicking on the claim button and confirming in your wallet.
Once you have minted a bond it will show up at the bottom of the page and will also show you your profits (or loss) as you can see below. The reason that I am down at the moment is that the price of the bonds fell from around $35 to $31 since I purchased but as long as you think that Eth will increase in price (like I do!) then I am happy to keep earning USDC daily until they increase in value again.
Unlike a lot of sites you can redeem your bonds for Eth at any point but please be aware that there is a 10% fee for doing this and it takes 24-48 hours for the funds to be deposited back to your wallet.
At present I have 8 bonds and am aiming to buy 2 per month to increase my passive income, as well as using any USDC to buy more.