⚡Fixed Income Stable Bond (24% APY USDC)
Adding multiple passive income streams will catalyze your path towards financial freedom. At AptosLaunch, we have built great products and have partnered with great projects to help you achieve it.
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 What is Vesting Swap?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.
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
A user uses 10,000 $ALT to purchase The Fixed Income Stable Bond via the Vesting Swap Function
The total Bond in Amount would be 10,000 $ALT.
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.
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.
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.
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.
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