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Depth DAO 1st period rewards claim
Dear Depth community,
The first-period Depth DAO rewards claim will start at 14:00(UTC+8)on May 7, 2021. xDEP holders can start to harvest corresponding Depth DAO weekly rewards in HUSD.
As of the announcement time, the total amount of staked DEP is 143,051,029.89, which is worth 7,241,002.81 USD. The total rewards of Depth DAO for the first period is around 311,060.17 HUSD, and the reward APR is 229.57%. According to the record on the blockchain, the transfer volume of Depth. Fi this week is around 64 million USD, and the TVL of the protocol is 412 million USD.
Please pay attention: The withdrawal period of Depth DAO rewards is limited to one week, which means the first withdrawal period will end at 14:00 on May 14, 2021. For users who staked DEP, please go to the 【DAO】page to withdraw your HUSD rewards. If users fail to withdraw rewards during this period, the rewards cannot be withdrawn anymore and will be remitted to the Depth DAO rewards pool for the next period.
For Depth DAO tutorial, please visit:https://docs.depth.fi/tutorial/dao
For Depth DAO product details and FAQ, please visit: https://docs.depth.fi/product/dao
Risk Reminder: DEP is the Depth's governance token. DEP token has no intrinsic value.
Depth Core Volunteers May 7 2021
Last modified 4mo ago
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