TrueUSD – WPool #20 on Wault Finance
Through this partnership, users will be able to stake WEX for 50 000 USD in TUSD rewards which will be distributed over 8 weeks. The new TUSD-USDT WFarm will also open with bonus WEX rewards for farmers.
WPool: https://app.wault.finance/bsc/#pool
WFarm: https://app.wault.finance/bsc/#farm
WPool Reward Details
- Total Rewards: 50 000 TUSD(50 000 USD)
- TUSD Token Address: 0x14016e85a25aeb13065688cafb43044c2ef86784
- Rewards Period: 8 weeks
- Rewards Start Time (Approx. July 23rd, 2021 2 PM GMT)
- Rewards End Time :(Approx. September 22, 2021 2 PM GMT)
- Distribution Schedule: 0.0289 TUSD/block
TrueUSD
TrueUSD (TUSD) is the first independently-verified digital asset redeemable 1-for-1 in US Dollars, nearly instant minting, no fees, and direct-to-bank redemption. The multi-chain stablecoin uses various banks, escrow accounts, and third-party attestations to reduce counterparty risk, provide transparency, and prevent fraud.
Source
https://medium.com/waultfinance/announcing-wpool-20-trueusd-b07cbc843c89
