Odaily Planet News: Buidlpad has announced the launch of the second phase of its DeFi fixed-term deposit product, Buidlpad Vault, offering a fixed return of 8%. Deposits for this phase will open at 8:00 AM UTC on January 25, supporting ETH and USDT on Ethereum, as well as BNB and USDT on BSC, with a total capacity of 20 million USD.
Buidlpad Launches Second Phase of Buidlpad Vault with 8% Fixed Yield
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Summary
Buidlpad has announced the second phase of its Buidlpad Vault, a DeFi fixed-term deposit product offering a fixed yield of 8%. This on-chain announcement coincides with the platform opening deposits at 8:00 UTC on January 25. Users can stake ETH and USDT on the Ethereum network, or BNB and USDT on the BSC network, with a total allocation of $20 million. The product aims to mitigate DeFi exploit risks by utilizing a secure, time-locked model.
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