# Tier Staking & True Yield
### How It Works True Yield is ApeBond’s revamped yield and incentive system, designed to directly align ABOND holders with the long-term growth of the protocol. Unlike the previous Real Yield model, True Yield is not just about earning rewards. It connects **locking commitment, earning power, Ape Tiers, and future benefits** into a single, unified system where long-term participation is clearly favored. ### Locking ABOND and veABOND Positions To participate in True Yield, users lock their ABOND to create a **veABOND position**. Locking ABOND: * Removes ABOND from active circulation * Grants veABOND, which represents commitment and earning power * Unlocks rewards, tiers, and future benefits across the ApeBond ecosystem Users can freely increase their locked amount at any time **without resetting their lock duration**, allowing positions to grow organically over time. veABOND positions are transferable and easy to manage through the UI. ### Lock Durations and Multipliers
True Yield rewards commitment proportionally. The longer the lock, the higher the multiplier applied to the locked ABOND. Available lock options: * **6 Months**: 0.5x multiplier * **1 Year**: 1x multiplier * **2 Years**: 2x multiplier * **Permalock**: 4x multiplier Permalock creates a veABOND position with no expiry. It represents the strongest possible commitment to ApeBond and provides maximum incentives across the system. When creating a Permalock: * 80% of the locked ABOND is permanently burned * 20% is allocated to the Ecosystem Fund to fuel long-term growth strategies such as Buyback & Burn Bonds ### Points, APR, and Earning Power In True Yield, **points define your earning power**. Points determine: * Your share of weekly True Yield rewards * Your effective APR * Your Ape Tier level * Access to future benefits such as AirBonds Points are calculated based on: * The amount of ABOND locked * The lock duration multiplier For example, the same amount of ABOND locked with Permalock earns **4x more points and 4x more APR** than a 1-year lock. To ensure rewards favor active long-term commitment, points decay over time if a position is not re-locked. Users can enable **Autolock** to maintain their lock duration automatically. ### Reward Distribution
True Yield rewards are distributed in **USDT**, removing volatility tied to native token prices and ensuring consistent payouts. Key mechanics: * Rewards are distributed weekly, in epochs * The amount allocated each week depends on protocol performance * Rewards are distributed proportionally based on points This directly links:\ Bond activity → Protocol performance → ABOND holder rewards ### Ape Tiers and Extra Benefits
True Yield is tightly integrated with Ape Tiers. As users accumulate points: * Their Ape Tier increases * Extra Bond discounts unlock * Access to future reward systems improves {% content-ref url="tier-staking-and-true-yield/how-to-stake-abond-to-tier-staking" %} [how-to-stake-abond-to-tier-staking](https://docs.ape.bond/apebond/products-and-features/tier-staking-and-true-yield/how-to-stake-abond-to-tier-staking) {% endcontent-ref %}