It is claimed that users can perform two actions with the ESDs: directly Bond ESDs/provide liquidity on Uniswap and then Bond the ESD-USDC LPs. The content provided is for informational purposes only and should not be considered as legal, tax, investment, financial, or other advice. BYDFi does not solicit, recommend, endorse, or offer any products or services. Users are solely responsible for evaluating the merits and risks associated with the use of any information or content on BYDFi before making any decisions. Investing in cryptocurrencies carries risks, including the potential loss of principal.