Note: In order to protect the legitimate rights and interests of both parties, in accordance with the "International Financial Organization Loans" and relevant laws and regulations, both parties have negotiated amicably. The following cooperation agreement is reached by Party B entrusting the Exchange's Defi loan as a platform financing transaction.
Article 1: Before the review of this agreement, Party B has fully realized the high risk brought by a high proportion of financing. At the request of Party B, after Party B makes a Defi loan to this platform, Party B will deliver the transaction funds of the loan financing amount to Party B for cryptocurrency investment transactions.
Article 2: During the Defi loan period, all the profits of the account belong to Party B. Party B shall bear all transaction risks (including trading losses, currency purchase losses, etc.), Party A shall not bear the transaction risks, and the capital loss caused to Party A in the transaction shall be borne by Party B. In order to ensure the safety of Party B's account and funds and control risks, the funds are used to purchase currency. If Party B does not repay the loan within the agreed period, the transaction owner will charge a 5% overdue fee to Party B's account every day. If the relevant funds are not repaid within 15 days overdue, the transaction has the right to freeze the account funds of Party B. After the overdue period exceeds 30 days, the Exchange will clear Party B's account funds.
Article 3: Party B needs to pay 3% of the funds in the Defi loan account of the exchange as the Defi loan fee, and the Defi loan fee should be paid before the agreement period. If the Defi loan time exceeds the term of the agreement terms, the transaction has the right to receive all the funds borrowed by Party B, and Party B shall pay the overdue fee for the Defi loan. In this case, if the funds in Party B's account are insufficient for the exchange's Defi loan amount, Party B shall make up for it within the specified time. If it exceeds the specified time by one month, all funds in Party B's account will be managed by the Exchange.
Article 4: The Exchange evaluates the personal assets of Party B's account, and the maximum loan amount that Party B can provide is: 5,000,000 USDT, and the account used by Party B in the Exchange is designated as the special account for Defi lending. If the Defi loan agreement expires, Party B shall repay all the loan amount, and shall pay the relevant fees in case of overdue behavior. After the repayment of the Defi loan is completed, the exchange will return the funds of Party B to the account of Party B, and Party B can operate all funds in the account and handle the withdrawal business.
Article 5: After the Defi loan funds are released to Party B's account, Party B's account transactions are under the control of Party B, and Party A shall not interfere with Party B's trading transactions.
Article 6: During the Defi Lending Agreement, the exchange will limit Party B's account withdrawal requests. Before the Defi loan is repaid, B submits a withdrawal request to the exchange, and the exchange will have the right to reject Party B's withdrawal request.