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Apebond (veABOND)

Apebond is a multi-chain bonding protocol with a "True Yield" system. veABOND holders earn BNB distributions that scale with lock duration, making it a yield-focused veToken.

What is veABOND?​

Lock ABOND tokens to receive a veABOND NFT representing your locked position. This grants:

  • BNB distributions from protocol revenue, scaling with lock duration
  • Governance power over Apebond protocol parameters
  • APR scaling: longer locks earn proportionally higher yields
  • Permalock option for maximum rewards with permanent commitment

Lock periods range up to 2 years, with a permalock option available.

What Makes Apebond Different​

  • True Yield in BNB: Rewards are paid in BNB rather than native tokens, providing yield in a blue-chip asset
  • Permalock mechanic: Permanently locking veABOND grants 4x reward multiplier and triggers an 80% token burn, permanently reducing supply
  • Yield scales with commitment: APR increases with lock duration, rewarding longer-term holders
  • Multi-chain bonding: Apebond operates across multiple chains, with veABOND governance on BNB Chain

Discounts and Fees​

Discounts change with Apebond's token price, market demand, and lock duration; live average and best discounts are on the veX analytics page. veX charges 1.5% on Apebond sales, paid by the seller only.

Things to Know​

BNB yield is the draw. Unlike most veTokens where rewards come in the native token, veABOND pays in BNB. This makes the yield more predictable and less exposed to native token volatility.

Permalock is irreversible. Permalocked positions can never be unlocked. The 4x reward multiplier is attractive, but ensure you're comfortable with permanent commitment before buying permalocked positions.

Rebases and unclaimed BNB transfer. When you buy a veABOND position, any accumulated unclaimed BNB rewards come with it.

Lower discounts, steadier yield. veABOND trades at tighter discounts than most veTokens because the BNB yield floor supports pricing.

Delist Before Merging

If you merge a listed veABOND with another position, the listing stays active at the original price but now includes the combined amount. Always delist first, then merge, then relist.

How do I sell a locked veABOND position?​

You can sell a locked veABOND position on veX without waiting for the lock to expire. The buyer takes over the locked ABOND and the remaining lock time.

Connect the wallet holding the veABOND and open your veX dashboard. The position appears under Positions, where you can list it. Set a price, or set a discount to the locked value and let veX work out the price. You approve the NFT once, then confirm the listing.

That approval only lets the marketplace move the NFT when someone buys it. veX is non-custodial, so the position stays in your wallet, keeps earning and voting, and you can delist whenever you want. veX charges 1.5% on Apebond sales, paid by the seller.

What is a locked veABOND position worth?​

A veABOND position usually sells for less than the ABOND locked inside it, because the buyer is taking on the rest of the lock. The seller chooses that discount.

Live Apebond discounts are on the veX analytics page.

Contracts​

  • veABOND contract: 0xDF1dD618f3B564765e3ffc9F229637942ef601B2
  • ABOND contract: 0x34294AfABCbaFfc616ac6614F6d2e17260b78BEd

These render from the live veX registry:

Browse Apebond listings on veX