Bonded vs. Unbonded LUNA

Bonded LUNA is bLUNA which can be used for collateral in Anchor Protocol for user to borrow against it. User have to burn their LUNA token and will be issued bLUNA. Other than that, user also can provide bLUNA-LUNA pair to liquidity pool to earn interest. Unbonded LUNA is all other LUNA tokens in circulation, staked on Terra Station or somewhere else and also the liquid tokens sitting in wallet.