Dear BitForex Users,
We are proud to announce the eighth phase of DeFi Pool will be launched on 17th June 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 17th June, 16:00 - 22nd June 2022 16:00 (GMT+8)
- 30-Day Fixed Term(BTC/ETH/USDT):
- Interest accrual period :From 23rd June, 16:00 - 23rd July 2022 16:00 (GMT+8)
- Redemption Date :23rd July 2022 16:00 (GMT+8)
- Redemption Arrival Date :24th July 2022 16:00 (GMT+8)
- 60-Day Fixed Term (USDT):
- Interest accrual period :From 23rd June, 16:00 - 22nd August, 2022 16:00 (GMT+8)
- Redemption Date :22nd August, 2022 16:00 (GMT+8)
- Redemption Arrival Date :23rd 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 23rd June16:00 to 23rd July 2022 16:00 (GMT+8), and the redemption date will be 23rd July 2022 16:00 (GMT+8). The principal and interest will be distributed to participants on the redemption arrival date: 24th July 2022.
- For 60-day lockup savings, the Interest accrual period starts from 23rd July, 16:00 to 22nd August 2022 16:00 (GMT+8), and the redemption date will be 22nd August 2022 16:00 (GMT+8). The principal and interest will be distributed to participants on the redemption arrival date: 23rd August 2022.
- BitForex does not charge a management fee for this product.
Risk Warning: DeFi Pool involves significant risk and June 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
2022/06/16
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