Every signed and sealed Bonded Holdings Agreement will be minted as a non-transferrable, burnable PDF NFT.

Non-transferrable:
This is because the NFT will hold a PDF copy of the contract signed between Treasury XRPL and the other project. Issued by Treasury XRPL to the project’s allotted XRP address, it is not destined to be a tradable asset.

Burnable:
In the event that a project holding an issued BHA decides to terminate the contract early, we have the means to burn the NFT so that there is a record of the contract being nullified on the ledger.