[PRESS RELEASE – Great Cayman, Cayman Islands, December 13th, 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​​.

Top Five Benefits of ABOND

1. Enhanced Engagement with Bond Discounts: Converting ABOND into veABOND unlocks a range of opportunities and features within the platform. This transformation grants veABOND holders a meaningful role in shaping ABOND’s direction and decision-making, both through on-chain and traditional governance mechanisms. The longer the commitment to ABOND, the greater the influence in governance decisions. In addition, holding veABOND grants exclusive access to select Ecosystem Bonds, offering a unique aspect to the ABOND experience.

2. Unique Real Yield Approach: Beyond the bond discounts, each Ecosystem Bond contributes its revenue to veABOND holders through a distinctive Real Yield model. The Protocol Owned Liquidity (POL) derived from these Bonds is further optimized via Active Liquidity Management (ALM). All fees generated within this framework are allocated to veABOND holders. This approach underlines the platform’s commitment to encouraging growth and acknowledging the active participation of veABOND holders 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 Then