Reserve Bonds
Last updated
Last updated
Reserve Bonds offer users the opportunity to purchase tokens at a discount that vest over time, represented by an NFT, in exchange for a single underlying asset. The discounted tokens vest over a certain amount of time, becoming claimable to the holder of the Reserve Bond NFT incrementally.
To buy a Bond, a user must acquire the single token required to purchase the Bond. For example, USDT tokens are used to purchase the ABOND Reserve Bonds, which yield ABOND tokens.
From there, users can visit the Bonds page on ApeBond, and select the Reserve Bond they would like to purchase.
Each Bond's discount amount varies based on a combination of market forces. For more on how the discount amount is determined, visit the page.
For more on how to purchase a Bond, visit our page.
