$MMT Bonds, what are they? (feat. ApeBond)
Dear MeMusic supporters! Just recently, we have partnered with ApeBond to provide liquidity bonds for $MMT. If you are not sure of what the bonds are, please read below to understand more!
What is a Bond?
Bond is a NFT that represents discounted tokens that vest over time. The holder of the NFT is the only one who can claim the tokens as they are vested. Users can get dynamically discounted $MMT tokens with a 30 day vesting.
Liquidity Farming vs. Bond Purchase
In the early stages of the project, projects will often provide opportunities for liquidity farming to allow users to stake a LP token to farm crazy amount of yields and return. However, such an approach often creates a negative impact on the token and its liquidity health. Instead, bonds are purchases of tokens that are dynamically discounted from the trading price while increasing the liquidity health of a trading pair.
What happens when you purchase a bond?
When you purchase a bond using $MMT/$USDT LP, you will receive a NFT that allows claiming of the discounted tokens which are vested over thirty days.
How can I purchase?
You can purchase the bond here.
Can I stake the $MMT that I earn through the bonds?
Yes! Next week, $MMT staking for token holders will be available!
