Bond lifecycle and statuses
Every bond table shows one status pill. Four labels exist, and when more than one could apply the stronger fact wins, a redeemed bond in a defaulted coffer still reads Redeemed, because it got paid and that outranks everything else.
| Pill | When |
|---|---|
| Active | the bond is running, nothing to do yet |
| Matured | the bond is claimable now |
| Defaulted | the bond’s coffer is in default |
| Redeemed | the bond was paid, in any of the three ways below |
The pill reads Redeemed for all three ways a bond gets paid. You redeemed it yourself, the validator settled it into escrow, or you have collected that escrow, see Claim escrowed funds.
Matured has two routes in, the clock reaching the maturity date, or the coffer entering default, which accelerates every bond to claimable at once. That second route is why a bond can read Matured or Defaulted while its countdown still shows time remaining.
What is on the chain behind each pill, the precedence the pill applies, and the words the filters use are on Statuses across the layers.
The NFT card
Section titled “The NFT card”The animated card in your portfolio carries one label. A countdown while the bond runs, so thirty days out it reads T-30d. Matured once it is claimable. Validator defaulted when the coffer is in default, because a countdown or a healthy Matured would mislead there. And Redeemed once the bond is settled.
The history
Section titled “The history”The bond’s detail view lists its life as events. The labels are Minted, Transferred, Listed, Listing cancelled, Sold, Offer made, Offer cancelled, Offer accepted, Matured by default, Partial redemption and Redeemed. One entry is always present, reading Matures with the scheduled date while it lies ahead and Matured once the term has passed.