Below is the list of various modes used in Network Bonding:
balance-rr or mode 0: The round-robin mode for fault tolerance and load balancing
active-backup or mode 1: Sets the active-backup mode for fault tolerance
balance-xor or mode 2: Sets an XOR (exclusive-or) mode for fault tolerance and load balancing
broadcast or mode 3: Sets a broadcast mode for fault tolerance. All transmissions are sent on all the slave interfaces
802.3ad or mode 4: Sets an IEEE 802.3ad dynamic link aggregation mode and creates aggregation groups that share the same speed and duplex settings
balance-tlb or mode 5: Sets a transmit load balancing (TLB) mode for fault tolerance and load balancing
balance-alb or mode 6: Sets an active load balancing (ALB) mode for fault tolerance and load balancing
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