Dear BitForex Users,
We are proud to announce the second phase of DeFi Pool will be launched on February 11th, 2022. where 10-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||10-Day||30 BTC||30 BTC||11%||0.01 BTC||1 Lot (0.01BTC)|
|ETH||10-Day||300 ETH||300 ETH||12%||0.1 ETH||1 Lot (0.1 ETH)|
|USDT||10-Day||1,000,000 USDT||1,000,000 USDT||18%||100 USDT||1 Lot (100 USDT)|
- Subscription Format: First-come-first-served basis.
- Subscription Period: From 11th, February 16:00 - 16th, February 2022 16:00 (GMT+8)
- Interest accrual period: From 17th February 16:00 - 27th, February 2022 16:00 (GMT+8)
- Redemption Date: 27th (T+1), February 2022 16:00 (GMT+8)
- Redemption Arrival Date: 28th, February 2022 16:00 (GMT+8)
- Click Here To Subscribe.
Interest Calculation Period:
- If the total subscription cap is fully filled in advance, the Interest accrual period starts from the actual filling time + 24 hours (T+1), the redemption date will be 10 days after the interest accrual period, and the principal and interest will be distributed to participants after the redemption date (T+1).
- If the total subscription cap is not fully filled, the Interest accrual period starts from 17th February 16:00 - 27th, February 2022 16:00 (GMT+8), the redemption date will be 27th, February 2022 16:00 (GMT+8). the principal and interest will be distributed to participants on the redemption arrival date: 28th February 2022.
- 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.
Find us on
Article is closed for comments.