Vectous Launch

February 27 update – the team says that there is no rewards cutoff, while the audit reports an 18 hour rewards cutoff.

New ROI dApp with a lend/borrow system on BSC.

DETAILS

• Deposit BUSD and earn daily rewards in BUSD (subject to availability of funds in the contract balance for payment)
• Daily ROI: 1% -1.9%
  • starts at 1% and increases by 0.005% daily for six months, up to a maximum of 1.9%
• Minimum deposit: 25 BUSD
• No maximum deposit
• Maximum ROI: 100%
• Deposit fee: 2.7%
• Withdrawal fee: 30% on the first day, then reduces by 0.3% daily until 0% after 3 months
• Initial BUSD deposit cannot be withdrawn
• Rewards accumulation cutoff: 18 hours (must perform an action to continue earning rewards)
• Referral commission: 2.5% on deposits (1% to referee, 1.5% to referrer)
• Lend & borrow feature:
  • users can lend or borrow from deposits
  • 3% loan fee (stays in contract)
  • limit of 1 loan per deposit
  • borrowed deposits can be withdrawn
  • 6 hours cooldown on deposits before it can be to loaned
  • loan return must be 3% higher than 2 times the loaned amount (or 6%)
  • repayments are made through accumulated daily ROI rewards and/or through referrals
  • deposits can be managed by another user, which can be claimed from the borrower