(PRESS RELEASE – Grand Cayman, Cayman Islands, December 13, 2023)
The launch of ABOND marks an important milestone for ApeBond, especially after its ApeSwap transformation. This strategic shift from being primarily a DEX to focusing on pegging mechanisms aligns with our vision for a sustainable DeFi future. ApeBond has been working on bonds since early 2022 and aims to become the number one bond protocol in DeFi. As proof of this, the ApeBond team was responsible for the officially approved ethereum improvement proposal. ethereum.org/EIPS/eip-5725″ target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>ERC-5725: Transferable Vesting nft. Additionally, the rebrand to ApeBond reflects a sophisticated evolution, maintaining the team's core ethos while optimizing it for greater efficiency and growth.
Top Five Benefits of ABOND
1. Improved Engagement with Bonus Discounts: Converting ABOND to veABOND unlocks a variety of opportunities and features within the platform. This transformation gives veABOND holders a significant role in shaping ABOND's direction and decision-making, both through traditional and on-chain governance mechanisms. The longer the commitment to ABOND, the greater the influence on governance decisions. Additionally, owning veABOND grants exclusive access to select ecosystem bonuses, offering a unique aspect to the ABOND experience.
2. Unique focus on real performance: Beyond bond discounts, each Ecosystem Bond contributes its income to veABOND holders through a distinctive Real Yield model. The protocol-owned liquidity (POL) derived from these bonds is further optimized through active liquidity management (ALM). All commissions generated within this framework are allocated to veABOND holders. This approach underscores the platform's commitment to fostering growth and recognizing the active participation of veABOND holders in the ecosystem.
3. Team and strategic partnerships: ApeBond has an experienced team with almost 3 years of working together in DeFi and has formed deep relationships with amazing partners over the years. For the launch of ABOND, ApeBond has partnered with prominent platforms such as Thena, QuickSwap, Ichi and Ethos, strengthening their liquidity and staking opportunities. These partnerships are instrumental in expanding ABOND's reach and strengthening its market position.
4. Income opportunities: Various betting options: Interact with ABOND through various betting opportunities available on the platform. The first six months feature a special initiative with a significant ABOND allocation for participants. For detailed information on staking vaults and farms, along with information on our collaborations with various partners, users can visit win page.
5. Community-driven token migration: The community has long supported our protocol, and their strong support is evident in the fact that the most popular option for the BANANA to ABOND immigration rights plan was 360 days. This migration demonstrated the community's trust in the team and led to renewed tokenomics, a reduction in circulating supply, and a higher fully diluted valuation, setting ABOND up for significant growth.
Finally, the ABOND token is a symbol of evolution and unlocks exclusive utilities on the ApeBond platform. The ABOND integration intertwines token holders with the platform like never before.
As ApeBond begins ABOND distribution, it marks the advent of a new era in DeFi, emphasizing sustainability and moving away from older, less sustainable practices that have negatively impacted the industry. ApeBond extends its sincere thanks to everyone who has been a part of this journey. With the introduction of ABOND, ApeBond embarks on an exciting and transformative path, marking the beginning of an important new chapter in its evolution.
Embracing the ABOND evolution in DeFi
ApeBond is at the forefront of a new chapter in decentralized finance with ABOND, and the journey is just beginning. Interested individuals and entities can explore this innovative venture. For complete details, users can visit the ApeBond websiteand interact with the ApeBond community by joining Jungle and start your ABOND experience. $ABOND can be accessed via Mexico and the ApeBond DEXbacked by various sources of liquidity including:
- UniSwap (on the ethereum network)
- Thena (on BNB chain)
- QuickSwap (on the Polygon network)
ApeBond is committed to shaping the future of decentralized finance, one bond at a time. Users are invited to be part of this transformative movement.
About ApeBond
ApeBond is a decentralized financial platform that offers a complete set of tools to explore and engage with the future of wealth creation. With products ranging from a decentralized exchange, pegging protocol, and the new Liquidity Status Dashboard, ApeSwap allows users to access DeFi in a secure, transparent, and globally accessible manner.
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