Strategic ApeBond Partnership & veABOND Treasury Reserve (TEMP CHECK)

Proposals
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Author: @LP17 — @BIMLabs

Summary

This governance discussion proposes a revenue-sharing model for projects launching bonds through ApeBond that may optionally list on the BIM ecosystem platform.

The objective is to create a sustainable flywheel between the BIM and ApeBond ecosystems, while simultaneously building a permanent strategic ApeBond reserve for the BIM DAO treasury.

The proposed model distributes listing revenue between:

  • The ApeBond ecosystem

  • The BIM ecosystem

  • The BIM DAO treasury

  • A permanently locked ApeBond reserve generating stablecoin yield

All ApeBond acquired through this mechanism would be permanently locked (veABOND Permalock) and generate stablecoin yield in USDT (~36% APR) for the DAO treasury.

If the community sentiment is positive, this proposal can move forward to a formal BIP and Snapshot vote.

Motivation

The goal of this proposal is to strengthen collaboration between BIM Exchange and ApeBond while aligning incentives across both ecosystems.

This model creates a sustainable structure where each listing:

  • Generates buy pressure on ApeBond

  • Generates buy pressure on BIM

  • Produces revenue for the BIM DAO

  • Builds a long-term yield generating treasury reserve

It also reinforces the strategic relationship between the two ecosystems and may support future ApeBond campaigns with BIM.

Proposed Revenue Distribution Model

Revenue generated from listings would be distributed according to the following structure.

ApeBond Ecosystem — 50%

  • 25% allocated to the ApeBond team immediately upon payment

  • 25% used to purchase ApeBond tokens

These ApeBond tokens would be:

  • Permanently locked (veABOND Permalock)

  • Held in the BIM DAO treasury

  • Generating stablecoin yield in USDT

BIM Ecosystem — 50%

  • 25% used for the BIM buyback program

  • 25% distributed to the BIM DAO treasury

This structure ensures that each listing benefits both ecosystems simultaneously.

Strategic ApeBond Treasury Reserve

All ApeBond acquired through this model would be:

  • Locked permanently

  • Stored in the BIM DAO treasury

  • Generating stablecoin yield (~36% APR in USDT)

This would create a long-term yield-generating treasury reserve for the BIM DAO.

ApeBond Protocol Overview

ApeBond is a rapidly growing bonding protocol with strong on-chain metrics:

  • Total Bonded Value: ~$31.7M

  • Total Bonds Sold: ~174K

  • Unique Buyers: ~38K

  • Yearly Protocol Revenue: ~$1.3M

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Token supply structure:

  • Total Supply: 650M ABOND

  • Permanently Burned: ~39%

  • Staked & Locked: significant portion of circulating tokens

The protocol offers True Yield mechanics through veABOND locking, with yields currently reaching approximately 36% APR in stablecoins.

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Treasury Security

Funds and ApeBond reserves would be stored in a Safe multisig wallet requiring 5 out of 7 signatures.

Any treasury movement would require:

  • Multisig approval

  • A DAO governance vote

Transparency tools include:

  • The existing BIM buyback dashboard

  • A future DAO treasury dashboard displaying ApeBond reserves.

Strategic Benefits

This model enables:

  • Long-term ApeBond reserve accumulation

  • Stablecoin yield generation for the DAO

  • Increased BIM buyback pressure

  • Stronger collaboration between ecosystems

  • Sustainable treasury growth

Next Steps

If the community feedback is positive:

  1. A formal BIP proposal will be drafted.

  2. The proposal will be submitted to Snapshot governance vote.

  3. If approved, the revenue distribution model will be implemented.

Discussion

The community is invited to provide feedback on:

  • The revenue distribution structure

  • The creation of a permanent ApeBond treasury reserve

  • The strategic collaboration between BIM and ApeBond

All suggestions and improvements are welcome before moving forward to the Snapshot vote.

2 Likes
2

Nice initiative !
The allocation to the ApeBond team seams a bit high, it could be nice if it can go down to at least 20 and the rest can move to the BIM Ecosystem or veABOND Permalock.

2 Likes
3

Wow massive

This looks like a thoughtful strategic move. A partnership between BIM Exchange and ApeBond could strengthen treasury positioning while improving long-term liquidity support.

If structured well, the veABOND reserve could become a solid mechanism for sustainable ecosystem growth. Looking forward to seeing how this develops.

3 Likes
4

Thanks for the feedback — that’s a fair point and I understand the concern.

The idea behind keeping 25% for the ApeBond team is mainly to strengthen the partnership and give ApeBond strong confidence in supporting BIM listings and future campaigns. Since this model is meant to create a long-term collaboration between the two ecosystems, having a solid incentive on their side helps ensure alignment and continued support.

That said, this percentage is not necessarily fixed forever. If the collaboration works well and the ecosystem grows, it could definitely be adjusted over time, especially if we increase the veABOND buybacks and treasury accumulation in the coming months.

Market conditions and protocol growth will also play a role. If the strategy proves successful and the DAO treasury grows through the permalocked veABOND yield, we could later rebalance the distribution in favor of the BIM ecosystem or DAO.

So for now, the 25% allocation acts more as a partnership bootstrap, and it could evolve in the future depending on results and market conditions.

1 Like
5

This is a really interesting proposal. it actually creates value for both BIM Exchange and ApeBond.

I like the idea that part of the revenue goes to buybacks and another part builds a long-term treasury reserve that generates stablecoin yield. I believe this structure can help boost BIM ecosystem and create grow in a sustainable way.

Simply use BIM exchange :currency_exchange: :fire:

2 Likes
6

This is a well-thought-out proposal that creates a strategic alignment between BIM Exchange and ApeBond while introducing a treasury model that converts ecosystem activity into long-term protocol value.
The revenue distribution structure appears balanced and purpose-driven. Splitting listing revenue into ecosystem incentives, buybacks, and treasury accumulation ensures that value flows to multiple layers of the ecosystem simultaneously.
A particularly strong component of the proposal is the veABOND permalock mechanism. By allocating 25% of revenue toward purchasing and permanently locking ABOND, the DAO effectively creates a non-dilutive treasury growth strategy while capturing stablecoin yield. This approach aligns treasury expansion with protocol growth rather than relying solely on external funding sources.
Additionally, the model introduces a self-reinforcing flywheel:
Listings generate revenue
Revenue triggers BIM buybacks
Treasury accumulates veABOND yield positions
Yield strengthens DAO reserves
Stronger reserves support further ecosystem expansion
From a governance perspective, the inclusion of Safe multisig (5/7) and the requirement for DAO voting on treasury movements provides a reasonable level of security and decentralization.
A few areas where further clarification could strengthen the proposal:

  1. Yield sustainability
    The ~36% stablecoin yield from veABOND is attractive, but additional context around the underlying mechanics would help the community assess long-term sustainability. For example:
    Is the yield primarily driven by protocol revenue or emissions?
    How sensitive is the yield to bond issuance volume?
  2. Treasury exposure limits
    Since this proposal involves building a permanent ABOND reserve, it may be helpful to define whether the DAO plans to establish maximum exposure thresholds to a single protocol asset.
  3. Reporting and transparency
    The planned treasury dashboard will be important. Ideally, it could include:
    veABOND positions
    yield generated over time
    cumulative buybacks
    treasury allocation breakdown
    This would allow the community to monitor the effectiveness of the strategy in real time.
    Overall, the proposal introduces a capital-efficient treasury model that aligns incentives between the two ecosystems while building sustainable value for the DAO. Looking forward to seeing this move toward a formal BIP and Snapshot vote.
1 Like
7

This is a fantastic proposal. The ‘Permalock’ mechanism for ApeBond tokens is a brilliant way to build a productive treasury for the BIM DAO.

By generating a ~36% APR in USDT rather than just holding volatile assets, we’re creating a genuine revenue stream that isn’t dependent on market cycles.

The 25% buyback allocation for BIM also provides the consistent buy pressure the community has been looking for.

Fully supportive of moving this to a formal BIP.

2 Likes
8

BIP047 : Snapshot