IBond Standard Proposes Fixed-Rate Bond Interface Extending ERC-20 for Zero-Coupon Payments at Maturity: When Ethereum Tries to Build Wall Street's Most Boring Product on the World's Most Volatile Chain
IBond proposes a standardized interface for fixed-rate and zero-coupon bonds on Ethereum. While technically elegant, the standard faces steep challenges from volatile collateral and a DeFi culture driven by yield over certainty.