On April 7, Peg Foundation launched the Peg Bond program, which is a deposit scheme with price protection. The deposit window will close at 12:00 Singapore time on April 12, 2025, with a total upper limit of 5 million NEO tokens.
Users who deposit NEO tokens into Peg Bond will have their tokens locked for 30 days, during which they can enjoy an annual percentage yield (APY) of up to 50%, and are protected by a $5 price protection mechanism.
