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 SwapTechnology.
Users will be able to bond in their $ALT in return for yield in USDC (24% APY) now at .
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
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.