> For the complete documentation index, see [llms.txt](https://docs.crvbonds.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.crvbonds.com/introducing-curve-bonds-dao.md).

# Introducing Curve Bonds DAO

Curve Bonds DAO transforms complex Curve yield strategies into simple, overcollateralized stablecoin products.

Curve Bonds DAO is a decentralized protocol built on Curve that offers simplified variable-yield and fixed-rate stablecoin and ETH Derivative products.

It is designed for users who want to earn **competitive yields on stablecoins** and ETH without actively managing positions across Curve pools and LlamaLend markets.

The protocol achieves this by:

* Aggregating and deploying capital into leading Curve strategies
* Offering a **variable-yield stablecoin, a variable-yield ETH derivative** and **fixed-rate USD/ETH bond products**
* Capturing and reinvesting protocol revenue to create a **compounding treasury base that helps maintain 100%+ collateralization levels in case any deployed strategies suffer loss.**