Upgrading to a bond device is a common step when the server exhausts its current network port bandwidth.
The hardware setup of the bond example here is:

• two 10G network cards – ens1f0 and ens1f0
• bond name – bond0
• bond mode – 802.3ad – Link Aggregation Control Protocol (LACP)

The systemd reconfiguration procedure consists of:

• Stop the network target

  systemctl stop network
  

• Set several configuration files – network device files for the network interfaces, bonding interface – master and slave devices.
• Start the network target

  systemctl start network
  

*Note: the 802.3ad bonding mode needs aditional configuration in the switch of which the server is connected.

The example here is using CentOS 8 configuration file to make a permanent (i.e. persistent over reboots using the CentOS 8 network configuration files) bonding configuration.
Check out the official bonding documentation for all modes and options – https://www.kernel.org/doc/Documentation/networking/bonding.txt.

CONF 1) Configure the network interfaces.

The interface should be in down state in the configuration file.
Interface 1 – /etc/sysconfig/network-scripts/ifcfg-ens1f0:

TYPE=Ethernet
PROXY_METHOD=none
BROWSER_ONLY=no
BOOTPROTO=dhcp
DEFROUTE=yes
IPV4_FAILURE_FATAL=no
IPV6INIT=yes
IPV6_AUTOCONF=yes
IPV6_DEFROUTE=yes
IPV6_FAILURE_FATAL=no
IPV6_ADDR_GEN_MODE=stable-privacy
NAME=ens1f0
UUID=3b399a23-570e-45ed-9369-4ff5b87efb2c
DEVICE=ens1f0
ONBOOT=no

Interface 2 – /etc/sysconfig/network-scripts/ifcfg-ens1f1:

TYPE=Ethernet
PROXY_METHOD=none
BROWSER_ONLY=no
BOOTPROTO=dhcp
DEFROUTE=yes
IPV4_FAILURE_FATAL=no
IPV6INIT=yes
IPV6_AUTOCONF=yes
IPV6_DEFROUTE=yes
IPV6_FAILURE_FATAL=no
IPV6_ADDR_GEN_MODE=stable-privacy
NAME=ens1f1
UUID=ecdc5d5b-9739-4424-9d67-362411974281
DEVICE=ens1f1
ONBOOT=no

CONF 2) Configure bonding master device – create a bonding group bond0

This device should be started up at boot.
Bonding device 1 – with name bond0 – /etc/sysconfig/network-scripts/ifcfg-Bond_connection_1:

BONDING_OPTS="downdelay=200 miimon=100 mode=802.3ad updelay=200"
TYPE=Bond
BONDING_MASTER=yes
PROXY_METHOD=none
BROWSER_ONLY=no
BOOTPROTO=none
IPADDR=10.10.10.10
PREFIX=24
GATEWAY=10.10.10.1
DNS1=10.10.10.2
DNS2=10.10.10.3
DEFROUTE=yes
IPV4_FAILURE_FATAL=no
IPV6INIT=yes
IPV6_AUTOCONF=yes
IPV6_DEFROUTE=yes
IPV6_FAILURE_FATAL=no
IPV6_PRIVACY=no
IPV6_ADDR_GEN_MODE=stable-privacy
NAME="Bond connection 1"
UUID=f0a35f9a-20e4-484e-850c-689128642555
DEVICE=bond0
ONBOOT=yes

BONDING_OPTS are specific options for the bonding group with name bond0 and the bonding mode is set here, too.

CONF 3) Configure bonding slave devices – the two network cards

Adding the two network cards to the bonding group bond0. These devices should be started up at boot.
Interface 1 – /etc/sysconfig/network-scripts/ifcfg-bond0_slave_1:

HWADDR=90:E2:BA:8A:13:8C
TYPE=Ethernet
NAME="bond0 slave 1"
UUID=c49e0ced-6411-41fa-9a3b-a01a430664a7
DEVICE=ens1f0
ONBOOT=yes
MASTER=bond0
SLAVE=yes

Interface 2 – /etc/sysconfig/network-scripts/ifcfg-bond0_slave_2:

HWADDR=90:E2:BA:8A:13:8D
TYPE=Ethernet
NAME="bond0 slave 2"
UUID=90de1cad-1d9f-48cb-8e5a-7d8bfdde91d2
DEVICE=ens1f1
ONBOOT=yes
MASTER=bond0
SLAVE=yes