# Bonding for $TLX

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The bonding mechanism has been suspended in line with [TIP 12](https://snapshot.org/#/tlx.eth/proposal/0x097a2fd68685d0e024b90242b4aa270e5dfde7b57087c9d28b7de0a7012bc672). The remaining bonding supply has been burned ([transaction](https://optimistic.etherscan.io/tx/0x36f00a506a1247a0015684e4e99cc992109cec24f5b365ad0cfa067a5392620f)).
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TLX allowed users to bond their leveraged tokens for **$stTLX** at a discount. The leveraged tokens collected in this process were designated as protocol-owned liquidity. This mechanism has since been suspended and the remaining bonding supply was burned. 

For more information regarding protocol-owned liquidity, please refer to the designated section:

{% content-ref url="../protocol-owned-liquidity" %}
[protocol-owned-liquidity](https://docs.tlx.fi/basics/protocol-owned-liquidity)
{% endcontent-ref %}