Dear BitForex Users,
We are proud to announce the seventh phase of DeFi Pool will be launched on 27th May 2022 where 30-day and 60-day fixed-term locked savings products will be available. Further details are as follows:
Digital Asset |
Term to Maturity |
Total Subscription Cap |
Individual Cap |
Reference Annual Yield |
Lot Size |
Minimum Subscription Amount |
BTC |
30-Day |
30 BTC |
30 BTC |
6% |
0.01 BTC |
1 Lot (0.01BTC) |
ETH |
30-Day |
300 ETH |
300 ETH |
7% |
0.1 ETH |
1 Lot (0.1 ETH) |
USDT |
30-Day |
1,000,000 USDT |
1,000,000 USDT |
10% |
100 USDT |
1 Lot (100 USDT) |
USDT |
60-Day |
1,000,000 USDT |
1,000,000 USDT |
13% |
100 USDT |
1 Lot (100 USDT) |
- Subscription Format: First-come-first-served basis.
- Subscription Period: From 27th May, 16:00 - 1st June 2022 16:00 (GMT+8)
- 30-Days Fixed Term(BTC/ETH/USDT):
- Interest accrual period :From 2th June, 16:00 - 2nd July, 2022 16:00 (GMT+8)
- Redemption Date :2nd July, 2022 16:00 (GMT+8)
- Redemption Arrival Date :3rd July, 2022 16:00 (GMT+8)
- 60-Days Fixed Term (USDT):
- Interest accrual period :From 2th June, 16:00 - 1st August, 2022 16:00 (GMT+8)
- Redemption Date :1st August, 2022 16:00 (GMT+8)
- Redemption Arrival Date :2nd August, 2022 16:00 (GMT+8)
- Click Here To Subscribe.
Interest Calculation Period:
- Suppose the total subscription cap is fully filled in advance. In that case, the Interest accrual period starts from the actual filling time + 24 hours (T+1), the redemption date will be 30/60 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,
- For 30-day lockup savings, the Interest accrual period starts from 2nd June16:00 to 2nd July 2022 16:00 (GMT+8), and the redemption date will be 2nd July 2022 16:00 (GMT+8). The principal and interest will be distributed to participants on the redemption arrival date: 3rd July 2022.
- For 60-day lockup savings, the Interest accrual period starts from 2nd June, 16:00 to 1st August 2022 16:00 (GMT+8), and the redemption date will be 1st August 2022 16:00 (GMT+8). The principal and interest will be distributed to participants on the redemption arrival date: 2nd August 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, and investment objectives, and seek independent financial advice if necessary.
BitForex Team
2022/05/26
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