Jul 22, 2024

In. Out. Any time you want.

July 22, 2024, Seychelles

Back in April, WOO X became one of the first centralized exchanges (CEX) to offer users access to stable, low-risk yields backed by real, dollar-denominated financial assets such as U.S. Treasury Bills.

The WOO X RWA Earn Vault has become a popular choice among users looking to diversify their yield sources while hedging risk across both crypto and TradFi markets.

Its ease of access has been a standout feature, allowing users to earn institutional-grade, RWA-backed yield on-chain via OpenTrade, combined with the intuitiveness of a CeFi environment.

Today, we’re excited to take the next step in making it even better.

Introducing RWA Flexible Term Vaults on WOO Earn

Real world asset (RWA) vaults on WOO Earn will now transition from fixed to flexible term.

This means that users can now redeem their subscriptions to real world asset (RWA) vaults at any time*, with no penalties on their accrued yield.

Here’s how it compares to fixed term vaults prior to the transition:

Fixed Term Vault (Old)	Flexible Term Vault (New)
Early redemption is possible, but any accrued yield is forfeited	Redeem at any time, users get to keep all their accrued yield
4.5% base APR	4.5% base APR, with bonus rates based on staking tier coming soon
Fixed 7-Day or 28-Day term	Flexible term with no set maturity dates
Auto-reinvest supported	Auto-reinvest supported

*Subject to daily caps explained below

Deprecation of RWA Fixed Term Vaults

With the transition to flexible term vault, the existing 7-Day and 28-Day fixed term vaults will be deprecated moving forward.

For users who have existing subscriptions to these fixed term vaults, here’s what you should know:

If you have auto-reinvest enabled ✅
- Matured subscriptions will automatically be deposited into the flexible term RWA vault
- Subscriptions will immediately begin accruing yield once they’ve been successfully rolled over to the flexible term vault
- If you’ve reached your subscription limit or if the vault's remaining quota is insufficient, any extra subscription amount will be rejected. Any yield accrual exceeding the amount that could have been reinvested will also be automatically redeemed and returned to your spot wallet
- Auto-compounding: All of your accrued yield will be automatically reinvested daily as principal

If you do not have auto-reinvest enabled ❌
- Your fixed term subscription will be settled automatically upon its maturity date
- Your principal, along with accrued yield (if any) will be redeemed and returned to your spot wallet

Start your RWA Flexible Term Vault subscription today

The RWA Flexible Term Vault is now available and open to user subscriptions.

To get started with your subscription, head over to WOO Earn now.

Please note that there are subscription quota and daily redemption limits per user, subject to the overall daily redemption quota of the earn vault, as detailed out below:

Overall daily redemption quota (RWA vault): 2,000,000 USDC

Daily redemption limit per user: 200,000 USDC

Max subscription quota per user: 500,000 USDC

See you on WOO Earn!

👉 Earn now 👈

More info on RWA vault on WOO Earn

Real world assets in cryptocurrency refer to the tokenization of tangible, physical assets on the blockchain. These include real estate, commodities, art, government bonds, and treasury bills for example.

On WOO Earn, you can subscribe to USDC RWA vaults, with U.S Treasury Bills as the underlying assets generating yield. For more information, please check out the support center article here.

Terms and Conditions

All users and participants of the campaign accept that:

He/She abides by the WOO X Campaign Terms and Conditions.

WOO X reserves the right, at its sole discretion, to modify, suspend, or discontinue the offering of any vault at any time. WOO X further reserves the right to set and adjust the limits on subscriptions and redemptions, including but not limited to daily caps and total quotas, without prior notice.

The ability to subscribe to or redeem from RWA Flexible Term Vaults is contingent upon the availability of vault capacity and may be subject to restrictions as determined solely by WOO X.

Access to RWA Flexible Term Vaults and other related services may vary by user and can be limited based on various factors that WOO X may consider. WOO X does not guarantee the availability of its services to all users at all times.

The content above is neither a recommendation for investment and trading strategies nor does it constitute an investment offer, solicitation, or recommendation of any product or service. The content is for informational sharing purposes only. Investments in RWA vaults are subject to market risks, including the possible loss of principal. The past performance of any financial asset does not guarantee future results. Users should consider their financial situation, investment objectives, and risk tolerance before investing in flexible term vaults. Anyone who makes or changes the investment decision based on the content shall undertake the result or loss by himself/herself and are strongly recommended to seek advice from financial, legal, and tax professionals according to their own individual circumstances before making any investments.

The content of this document has been translated into different languages and shared throughout different platforms. In case of any discrepancy or inconsistency between different posts caused by mistranslations, the English version on our official website shall prevail.

By continuing to use WOO X’s services, you acknowledge that you have read and understood this disclaimer and agree to be bound by its terms.