Defibox announces its WAX Guild candidacy

Defibox Team
4 min readJun 13, 2022

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Defibox (https://defibox.io) is a one-stop DeFi application platform initially launched on EOS on on July 21, 2020. Defibox has launched three protocols: Swap, stablecoin USN and decentralized lending. WAX, a public chain that share the same structure of EOS has caught our attention since its success on NFT and GameFi. From there, Defibox has been planning to deploy our protocols to WAX. Finally on Jan.20 2022, Defibox has launched its Swap protocol on WAX.

After 5 months of operation on WAX, we have cooperated with 30+ WAX communities involving 50k + users in total, giving away 50k BOX (100k USD) for mining and many other value airdrops for WAX communities. Defibox has attracted at least 6k users in total with daily transactions of 9k+. Our TVL is 500k USD on average. So far we have made some good progress on WAX, but we are aiming higher.

Today, we are excited to announce as a WAX guild candidacy aiming to provide more values to WAX ecosystem. In this way, we can contribute more to WAX system by providing a stable producer node and playing an active role to build a better future for WAX blockchain. We are ready to take this challenge and responsibility.

Social media: 41k+ members across Defibox online communities

Twitter: @defiboxofficial — 17.5K followers

Discord: 7.64K members

Telegram: 15k+ members across 15 groups with 10+ languages

Why Defibox?

A core team based globally (Home based on Singapore with brunches in Canada, US, and other Asian countries), over 5 years blockchain experience; Leading DeFi project team on EOS. Compared to some other guild candidates, we are a pretty solid team with a decently background. We have built a leading DeFi platform on EOS that basically weights the majority of EOS ecosystem. We have our back-up resource that could support us closely and timely: Former Slowmist Chief Security Auditor, CTOs from Top BPs of EOS or top listed projects.

WAX is our important strategy

WAX is our priority and it is a very important part for Defibox strategy to connect EOS and WAX. Our will build a one-stop DeFi platform that serves both EOS and WAX and interconnect them. We have many more to go with WAX. In the end, our goal is to become a leading DeFi on WAX as well, serving all the WAX users and project teams, providing a professional DeFi service.

Achievements in blockchains, social influence and community building:

Leading DeFi on EOS with average TVL of 100 million USD operating safely for 2 years

Maintains 15+ global volunteers located across 10+ countries

Dual mining with over 100+ communities of EOS and WAX

One of the first DAO organization in EOS

Global multi-signature on our major smart contract with Top BPs

First EOS NFT Standard document main contributor

Largest decentralized stablecoin USN on EOS and planning to cross chain to WAX

Cross-chain between EOS, WAX and BSC with BOX token

Governance, transparency and accountability

Governance: The block producers are very important roles for shaping the future of a network. We are ready to contribute in the best interest of WAX community. WAX is known for its famous NFT and GameFi with mixed game players and crypto players. Besides its NFTs, DeFi is the infrastructure of a public chain. Whatever the project is, the needs for buy, sell, deposit, borrow or stake are always there. Defibox, as a leading DeFi platform, we are willing to share our experience and knowledge, serve the community with our professional DeFi. We have Swap, Stablecoin, lending and many other protocols that would make WAX to become all DeFi connected and prosper. Please vote for us, we give a better DeFi by our participation on WAX governance.

Transparency: Defibox is one of the oldest and biggest DAO organization on EOS (BOX token holders on WAX can also participate). Every move of Defibox is watched by DefiboxDAO which is the high authority. Transparency is Defibox tradition .

Accountability: With an average 100 million USD TVL to manage and protect, accountability is our core value. Reliability and stability is the goal that our development team is striving for. We interact with our community directly to win their trust and make our commitment.

BP Code of Conduct

Safety: “Safety comes first”is our primary principle. We do everything we can to protect assets of users. We are committed to safely delivering values to the community.

Mission: We will work hard to bring friendly experience for users who enter into blockchain and DeFi world.

Excellence: We will perform our best to produce blocks with stability and security for the network.

Decentralization: A total decentralized organization is the goal we are striving for. One BOX means one vote, each BOX token enjoys the matching voting right.

Basic Information:

Website: https://wax.defibox.io/

Twitter: https://twitter.com/DefiboxOfficial

WAX Guild candidate name: bp.box

Location of company: Singapore

Type of servers: Bare Metal

Telegram name: @ravendefibox

Block producer account: bp.box

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