Follow the steps below to stake ABOND to earn wBNB and the ape tiers through the Tier Staking page:
1) Connect your wallet to ApeBond (for instructions, visit the How to Connect Your Wallet page).
2) Click Tier Staking on the nav bar.
3) Input the amount of ABOND you wish to lock for veABOND.
4) Input the amount of ABOND you wish to stake to earn wBNB.
If it's your first time staking ABOND, you must first authorize the token contract in your wallet. Do this by clicking the "Enable" button, then proceed with the stake process.
5) Check the details to ensure the values are accurate, and click “STAKE ABOND”.
6) Done! You can now start earning wBNB and unlocking exclusive benefits and utilities based on your Ape Tier!
7) Scroll up to check your Ape Tier. Improve your Ape Tier to unlock more utilities!
Once the lock period has concluded, you will be able to withdraw your original amount of ABOND you staked.
The Real Yield mechanism is designed to directly reward ABOND holders by sharing the platform’s revenue. Users will be able to stake their $ABOND tokens into one of four new staking pools to earn $wBNB (Wrapped BNB), each offering varying lock durations, bonuses, and APRs:
45 days pool: 1x multiplier
90 days pool: 1.25x multiplier
180 days pool: 1.5x multiplier
365 days pool: 2x multiplier
These pools offer flexibility in terms of commitment, with longer lock periods providing higher rewards. Once the lock duration ends, users have the option to withdraw their tokens or continue staked to keep earning.
In addition to earning BNB, staking ABOND will now be the primary method to accumulate Ape Tier points, which unlock various benefits and rewards within the ApeBond ecosystem. Each staking pool comes with its own points multiplier, making it easy for users to climb the Ape Tier ranks by choosing a staking duration that suits their strategy.
For those who already hold veABOND positions, transitioning to the new staking pools is seamless. Existing veABOND holders can convert their positions by selecting the “Convert” option at the same page, and then choosing a pool with an equal or longer lock duration, ensuring a smooth process to stake and start earning rewards!
Follow the steps below to stake ABOND to earn wBNB and the ape tiers through the Tier Staking page:
1) Connect your wallet to ApeBond (for instructions, visit the How to Connect Your Wallet page).
2) Click Tier Staking on the nav bar.
3) Choose the veABOND position you wish to stake and start earning wBNB.
4) Choose the staking pool you wish to stake to earn wBNB.
If it's your first time convert your veABOND position, you must first authorize the token contract in your wallet. Do this by clicking the "Enable" button, then proceed with the convert process.
5) Check the details to ensure the values are accurate, and click “STAKE”.
6) Done! You can now start earning wBNB and unlocking exclusive benefits and utilities based on your Ape Tier!
7) Scroll up to check your Ape Tier. Improve your Ape Tier to unlock more utilities!
Once the lock period has concluded, you will be able to withdraw your original amount of ABOND you staked.
