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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

Typical Discounts​

Lock RemainingTypical Discount
Under 6 months5–10%
6–12 months10–15%
1–2 years15–20%
PermalockVaries

Apebond's tighter discounts reflect the BNB-denominated yield — positions retain value better because rewards are in BNB rather than a volatile native token.

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.