ABOND Token Launch: A New Chapter for DeFi

ApeBond
3 min readDec 12, 2023

The launch of ABOND marks a significant milestone for ApeBond, especially following its transformation from ApeSwap. This strategic pivot from primarily being a DEX to focusing on bonding mechanisms aligns with our vision for a sustainable DeFi future.

ApeBond has been working on Bonds since early 2022, and aims to become the #1 bonding protocol in DeFi ever. As a testament to this, ApeBond’s team was responsible for the officially approved Ethereum Improvement Proposal ERC-5725: Transferable Vesting NFT​​.

Furthermore, the rebranding to ApeBond reflects a sophisticated evolution, maintaining the core ethos of the team while optimizing for greater efficiency and growth​​.

Five reasons to be excited about the ABOND launch:

1. Maximizing Returns via Bond Discounts: Transforming ABOND into veABOND not only opens up numerous possibilities but crucially amplifies your potential annualized returns through significant bond discounts. As a veABOND holder, you gain influential power in directing ABOND’s emissions and Ecosystem Fund allocations via on-chain and traditional governance. Longer commitments to ABOND enhance this influence and deepen bond discounts, boosting your investments’ potential. Additionally, veABOND provides exclusive access to select Ecosystem Bonds.

2. Innovative Real Yield Mechanics: On top of bond discounts, every Ecosystem Bond distributes 100% of its revenue as Real Yield to all veABOND holders. Additionally, the Protocol Owned Liquidity (POL) from these Bonds is enhanced through Active Liquidity Management (ALM), and 100% of the fees generated are also directed to veABOND holders. This direct distribution model incentivizes platform growth and rewards veABOND holders’ involvement in the ecosystem.

3. Team & Strategic Partnerships: ApeBond has an experienced team with almost 3 years of working together in DeFi, and has formed deep relationships with incredible partners over the years. For ABOND’s launch, ApeBond has partnered with notable platforms such as Thena, QuickSwap, Ichi, and Ethos, bolstering its liquidity and staking opportunities. These partnerships are pivotal in expanding ABOND’s reach and strengthening its position in the market.

4. Earning Opportunities: Earn ABOND by staking in our different earning opportunities. Over 10 million ABOND to be distributed as rewards during the first 6 months. Access our Earn page to discover the staking vaults & farms with our different partners!

5. Community-Driven Token Migration: The community has supported our protocol for a long time, and its strong support is evident in the fact that the most-popular choice for the BANANA to ABOND migration vesting plan was 360 days. This migration demonstrated the trust in the community to the team, and led to revamped tokenomics, a reduced circulating supply, and an increased fully diluted valuation, priming ABOND for significant growth​​.

To finalize, the ABOND token is a symbol of evolution and unlocks exclusive utilities on the ApeBond platform. The integration of ABOND entwines token holders with the platform like never before​​.

As ABOND distribution begins, we step into a new era in DeFi, working towards sustainability, and away from old unsustainable practices that hurt the industry as a whole. We extend our deepest gratitude to everyone who has been part of this journey. With ABOND, we embark on an exciting and transformative path which has only just begun.

Join the ABOND Revolution

The journey with ABOND is just beginning, and you’re invited to be a part of this transformative chapter in DeFi. Visit our website to learn more, join the Jungle to become a member of the ApeBond community, and start your ABOND experience today. You can acquire $ABOND via MEXC and our DEX through the different liquidity sources:

  • UniSwap (ETH)
  • Thena (BNB Chain)
  • QuickSwap (Polygon)

Together, we’ll redefine the future of decentralized finance — one bond at a time. Be a part of the change. Join the #ABONDRevolution.

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ApeBond

ApeBond is a multichain DeFi Hub offering an accessible, transparent, and secure experience for everyone.