The ODC Appreciation Day was proposed by Tim Hall and you can find more information here: https://oracle-base.com/blog/2017/09/25/odc-appreciation-day-2017-thanksodc/
Link Aggregation Control Protocol (LACP), also known as 802.3ad is a methods of combining multiple physical network connections into one logical connection to increase throughput and provide redundancy in case one of the links should fail. The protocol requires both – the server and the switch(es) to have the same settings to allow LACP to work properly.
To configure LACP you need to change your bonding device configuration in /etc/sysconfig/network-scripts/ifcfg-bond0 similarly to this:
DEVICE=bond0 IPADDR=192.168.0.2 NETMASK=255.255.255.0 ONBOOT=yes BOOTPROTO=none USERCTL=no NM_CONTROLLED=no MTU=9000 BONDING_OPTS="mode=4 miimon=100 downdelay=5000 updelay=5000 num_grat_arp=100 xmit_hash_policy=layer3+4 lacp_rate=1"
The key here is setting the MTU=9000 and establishing the transmit hash policy as layer3+4. This transmit policy is intended to more-evenly distribute the traffic across the physical links of the bonded device.
This is is the preferred mode of network bonding, but requires that the network is configured correctly on the switch.
You can then test the performance using iperf linux tool.
More information on https://wiki.linuxfoundation.org/networking/bonding