Rules for Staking and Unstaking of Closed-End Fund

Staking & Unstaking (USDT Pool Trading Module)

Staking

At the initial stage, the amount of money to be raised and lock-up period will be determined. In order to stake, users will need to bridge tokens from Arbitrum to DeriW Chain using the Cross-Chain Bridge.

The average lock-up period is 7 days. The user can apply to withdraw fund capital. The closed-end fund will then lock in its application share, and released after 2 days (T+2).

If the net value of the fund pool is less than the initial amount, users can subscribe.

Unstaking

Upon successful subscription, the funds will be locked for one month and can be unstaked and redeemed at any time thereafter. At the end of the lock-up period, profits from the fund pool gains and transaction fees will be shared. The exact profit distribution will vary on the actual proportion of amount staked by the user.

How to Stake/Unstake

To Stake/Unstake, visit the DeriW Earn Dashboard and connect your wallet. Refer to Deriw Mainnet FAQfor assistance on connecting your wallet successfully.

Once you have added funds to your DeriW account via the Cross-Chain Bridge, you can input the amount you wish to stake and click [Confirm]. You will start to earn staking rewards after staking. Check your rewards earned on the DeriW Earn Dashboard.