Templar is the first decentralized reserve currency protocol available on the Binance Smart Chain based on the TEM token. Each TEM token is backed by a basket of assets (e.g. BNB, BUSD, TEM-BUSD LP) in the Templar treasury, giving it an intrinsic value that it cannot fall below. Templar also introduces unique economic and game-theoretic dynamics into the market through staking and bonding. Growing the treasury so as to be able to increase dividend payouts to stakers is a key part of TEM's long-term strategy, so TEM can perhaps best be considered as a kind of crypto hedge fund. The only way new TEM can be minted currently is through bonding. Bonds are controlled by algorithms which incentivize or disincentivize bonding in the best interests of the treasury and, by extension, the project's stakers.