# Fixed Income Stable Bond (24% APY USDC)

At AptosLaunch, we are always finding new ways to power-boost our community's portfolio, and we are proud to introduce our latest product - **Fixed Income Stable Bond.** 

### What is the Fixed Income Stable Bond?

The Fixed Income Stable Bond is  powered by AptosLaunch's [vesting-swap](https://doc.aptoslaunch.io/vesting-swap "mention")Technology.

* Users will be able to bond in their $ALT in return for **yield in USDC (24% APY) now at** [**https://app.aptoslaunch.io/stablebond**](https://app.aptoslaunch.io/stablebond). 
* Once you have bonded the $ALT, you will be entitled to **earn $USDC, where the $USDC can be claimed daily**.
* The $ALT you bonded will be locked, where you will be entitled to 100% of $ALT back after the lock period.
* *Note\* If you withdraw the $ALT before the entire locked period - you will forfeit 50% of the $ALT you bonded to the protocol - to incentivize long term staking.*
* In addition to the $USDC yield, you will also be entitled to a Guarantee Allocation for IDOs on AptosLaunch during the lock period - the amount of Guarantee Allocation for IDOs is dependent on the bonded amount and the lock period you have bonded your $ALT to.

### How many Locked Periods & Guarantee Allocations are there?

**We will first release the 6 Months Fixed Income Stable Bond.**

**6 Months Fixed Income Stable Bond**

* Lock Period: 6 Months
* $USDC Yield: 24% APY
* Guarantee Allocation: 24% of the Total Bonded $ALT amount that is locked in the pool at the time of the new IDO

### Where does the APY $USDC come from?

The APY $USDC comes from AptosLaunch's own reserves - the team is extremely bullish in the future of the $ALT, and is confident that the Fixed Stable Income Bond will bring positive stable growth to the protocol and the community as a whole.

### Here's an example on how The Fixed Income Stable Bond works:

**For example**

* The user purchases the **6** **Months Fixed Income Stable Bond**
* Each epoch is 24 hours, and there is a total of **180** epochs. 
*  Entitles a 24% APY, paid in $USDC. The $USDC can be claimed after each epoch, for a total of **180** epochs. 
* Entitles to a guarantee allocation of 24% of the Total Bonded $ALT amount that is locked in the pool at the time of the new IDO

1. A user uses 10,000 $ALT to purchase The Fixed Income Stable Bond via the Vesting Swap Function
2. The total Bond in Amount would be 10,000 $ALT.
3. Once after bond-in, the user will be entitled to 24% APY, paid in $USDC, where the $USDC can be claimed daily, for 180 days. 
4. The total amount of $USDC released throughout the 180 days is determined at the time of bonding. I.e. if the user bond in $10,000 worth of $ALT at the time of bonding, the user will be entitled to a total of $1200 worth of yield (24% APY), where the $USDC can claimed daily. The user will be receiving 6.66 $USDC per epoch, for 180 epochs. 
5. Once you bonded the $ALT for this **6** **Months Fixed Income Stable Bond** example , all the $ALT will be locked for 180 days. The user will be able to claim 100% of the bonded $ALT after 180 days. *Note\* If you withdraw the $ALT before the entire locked period - you will forfeit the 50% of the $ALT you bonded to the protocol - to incentivize long term staking.*
6. During the time of when the $ALT is locked, the user will be entitled to a guarantee allocation of 24% of the Total Bonded $ALT amount that is currently locked in the pool. I.e. if the user has $2000 worth of $ALT at the time of a new IDO, the user will be entitled a total of $480 worth of guarantee allocation. *Note\* thus the exact amount of guarantee allocation does fluctuate with the price of $ALT.*

This has not been done in the launchpad space before and it ensures stable opportunities for the community, especially for users who requires stable liquidity in the current market.