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Aborean Hits 80M veABX Locked Milestone as Ethereum Ascension Rebate Fills
Drafted by the Descout wire deskHow this was made
Aborean (aborean), Abstract’s liquidity layer, announced on July 22 that the Ethereum Ascension rebate program has officially filled, with 80 million veABX tokens locked.
The milestone completes the tiered rebate initiative launched earlier this year to incentivize users to lock ABX governance tokens.
Aborean, built on Abstract, is a DeFi hub that aggregates liquidity and coordinates incentives around its native ABX token using a ve(3,3)-style design. The Ascension rebate program was introduced to reward participants with boosted rewards for locking tokens over multiple epochs.
With the rebate now fully subscribed, the protocol signals the beginning of the next phase, with founder nativeaborean stating, "Begin the ascent."
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