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The Neo Foundation has launched the Neo Bond program.
According to BlockBeats, on April 7th, the Neo Foundation launched the Neo 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 cap of 5 million NEO. Users depositing NEO tokens into the Neo Bond will have them locked for 30 days, during which they can enjoy an annual percentage rate (APY) of up to 50%, protected by a $5 price protection mechanism.