Dear BitForex Users,
We are proud to announce the sixth phase of DeFi Pool will be launched on 6th May, 2022 where 10-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 |
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 6th May, 16:00 - 11th May, 2022 16:00 (GMT+8)
- Interest accrual period: From 12th May16:00 - 22nd May, 2022 16:00 (GMT+8)
- Redemption Date: 22nd(T+1) May, 2022 16:00 (GMT+8)
- Redemption Arrival Date: 23rd May, 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 12th May 16:00 - 22nd May 2022 16:00 (GMT+8), and the redemption date will be 22nd May 2022 16:00 (GMT+8). The principal and interest will be distributed to participants on the redemption arrival date: 23rd May 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.
BitForex Team
2022/05/05
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