Dear BitForex Users,
We are proud to announce the first phase of DeFi Pool will be launched on October 22nd, 2021. where 12-day fixed-term locked savings products will be available. Further details are as follow:
|Digital Asset||Term to Maturity||Total Subscription Cap||Individual Cap||Reference Annual Yield||Lot Size||Minimum Subscription Amount|
|BTC||12-Day||30 BTC||30 BTC||9.16%||0.01 BTC||1 Lot (0.01BTC)|
|ETH||12-Day||300 ETH||300 ETH||10%||0.1 ETH||1 Lot (0.1 ETH)|
|USDT||12-Day||1,000,000 USDT||1,000,000 USDT||15%||100 USDT||1 Lot (100 USDT)|
- Subscription Format: First-come-first-served basis.
- Subscription Period: From 22nd, October 16:00 - 27th, October 2021 16:00 (GMT+8)
- Redemption Date: 08th, November 2021 16:00 (GMT+8)
- Click Here To Subscribe.
Interest Calculation Period:
- If the total subscription cap is fully filled in advance, the time to start calculating the income is the actual filling time and the principal and interest will be paid 12 days after the actual full filled time.
- If the total subscription cap is not fully filled, the time to start calculating the Interest will be the end of subscription period: 27th, October 2021 16:00 (GMT+8) and the principal and interest will be distribute on 08th, November 2021 16:00 (GMT+8).
- The Principal and Interest will be distributed to participants wallet account at the end of the lock-up period.
- BitForex does not charge a management fee for this product.
Risk Warning: DeFi Pool involves significant risk and may cost your invested capital lost. Please make sure that you fully understand the risk involved and take it into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.