Bonding is the secondary value accrual strategy of BONK. It allows BONK to acquire its own liquidity and other reserve assets such as BUSD by selling BONK at a discount in exchange for these assets.
Bonding is an active, short-term strategy. The price discovery mechanism of the secondary bond market renders bond discounts more or less unpredictable. Therefore bonding is considered a more active investment strategy that has to be monitored constantly in order to be more profitable as compared to staking.