Vault Adds Support for USDT

Dear user:

Hello! Vault (https://eos.defibox.io/vault) will support USDT single token deposit at 17:00 on December 7, 2022 (SGT). The Vault protocol is the first single-token lossless yield protocol launched by Defibox. Users can earn corresponding token income by depositing tokens.

USDT staking rules:

• Minimum staking amount: 1 USDT
• Staking: Transfer USDT tokens to the Vault protocol to obtain sUSDT certificates.
• Retrieval: When you retrieve USDT, the smart contract will perform reward settlement and lock the sUSDT tokens in your account, waiting for the token refund after 5*24H, and 0.1% will be deducted as a management fee before refund.
• Staking yield: The smart contract will calculate and accumulate yield every 10 minutes.

About Vault:

*sUSDT certificate: represents your share of deposits in the USDT pool. It is a standard USDT token and can be transferred freely. After the stable operation of the project, Defibox will support sUSDT for minting, lending and exchanging in USN and Lend.

*Vault protocol (USDT) revenue source: 50% of Vault protocol management fee + 7.5% of Defibox protocol revenue + EOS voting node revenue + Vault protocol Yield+ reward 50%~80% + REX revenue.

*Vault management fee: 0.1% of the withdrawal amount is charged as management fee, of which 50% is allocated to the Vault protocol as a deposit reward, and 50% is allocated to the Defibox protocol income.

Defibox community:
International Community：https://t.me/Defibox_official
Chinese Community：https://t.me/DefiboxCN

Thank you for your support and attention to Defibox!
Defibox Project Executive Team
December 7, 2022