DeFi (Decentralized Finance) is the way to provide users with various financial services through the use of smart contracts. Existing projects in the DeFi ecosystem aim to provide higher returns for a limited time in tokens.

No, Mind only acts as a service platform in a range of products, such as accessing funds on behalf of the user and distributing profits, among others. Mind is not liable for losses incurred due to the vulnerability of the contract of such a project in the relevant chain.

After the funds are allocated to the Locked Staking, the profit will be calculated from 00:00 (UTC) of the next day. The minimum profit calculation period is one day; profits from periods shorter than one day will not be included in the profit distribution.

Currently, the blocking period on regular products is 1 day. Funds will be unblocked and returned to your account in T+1. However, as we add more products, the lockout periods may vary. The lockout periods on each product will be specified on the same interface/page of the product in question.

Unfortunately, early swaps will deduct all interest income. This is because the assets pledged to participate are locked into the smart contract on the blockchain and the swap operation requires performing a more complicated manual operation, which includes certain blockchain transfer fees. Choose the right block period when subscribing to DeFi's stake products.

There is no penalty mechanism for the principal to be repaid in advance, the reduction of the principal itself is done to deduct the interest granted through the distribution. For example: User A subscribes to a management product using his BNB at 21.00 p.m. on the 9th. The income will be calculated from 08.00 a.m. on the 11th; the user wants an early redemption at 16.00 p.m. which he requested on the 12th, therefore, the benefits obtained for the two previous days will be deducted in order to make the corresponding payment.

In Mind Defi Staking, you can use MPLUS on the fly.

On the day your stake product expires, it will automatically revert back to stake for the duration of the product and start accruing interest immediately. For example, if the stake period expired on March 1st, it will be put back in stake on March 1st and interest will start accruing on the same day. It will be delivered to you on March 2.

Yes, you can decide to redeem them in advance. After an advance redemption, the principal will be returned to the spot account and any interest paid will be deducted from the redeemed principal. Due to different time zones around the world, tokens take 48 to 72 hours to arrive.