New bond auction with ICHI Finance launching this Monday!

New launch partner and more bonds available on the orderbook.

We have great news to share for April! 

1. After our successful second auction with Shapeshift DAO, we onboarded a new launch partner to host a bond auction on the Arbor platform. 

ICHI Finance seeks to raise 50.000 USDC by issuing simple bonds to investors:

Key facts: 

• Amount to be raised: 50.000 $USDC

• Bond duration: 3 month

• Max. APY: 15%

• Collateral: 300% in ICHI tokens. 

• Auction period: April 10th - April 18th. 

What’s special about this auction?

ICHI plans to use the funds to supply them in their yield strategy pools. Such pools are based on Uniswap V3 liquidity management and generate returns on blue-chip assets such as $BTC or $ETH. 

For investors, that results in a great risk-return profile since the funds are NOT used to fund the protocol or operations but to leverage the protocol returns. 

You can find the auction here once it is life: https://app.arbor.finance/auctions

2. The first trades have been settled on our secondary marketplace.

Secret tip: 

Shapeshift simple bonds can be purchased at the same price as during the auction. That results in a current APY of 23.1%. 

You can find the orderbook here: https://app.arbor.finance/orderbook

So, get your stables ready!

We hope to see you during our bond auction this week.

Cheers!