Vault Questions

The Vault protocol is the first single-currency non-destructive wealth management vault launched by Defibox.

Users can earn corresponding token income by depositing tokens. Assets can be accessed flexibly. The chain is open and transparent without additional fees. At the same time, in order to improve the utilization rate of funds, the protocol will issue sToken, which represents the deposit certificate, which is a standard EOS token, and supports the combination with other protocols to obtain more benefits.

EOS staking rules:

• Minimum staking amount: 1 EOS

• Staking: Transfer EOS tokens to the Vault protocol to obtain sEOS certificates.

• Retrieval: When you retrieve EOS, the smart contract will perform reward settlement and lock the sEOS 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:

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

*Vault protocol revenue source: 50% of Valut protocol management fee + 7.5% of Defibox protocol revenue + EOS voting node revenue + Vault protocol Yield+ reward 50% + 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.