DEADBOX is a multi-chain Web3 ecosystem of three interlocking tokens — $DEAD (deflationary), $uDEAD (dividend-paying), and $USDeAD (ETH-backed stablecoin) — where all fee revenue flows to the community instead of a company treasury. Live on 7 EVM chains: Base, Ethereum, Arbitrum, Optimism, BNB Chain, Scroll, and MegaETH. USDeAD additionally bridges to Monad, HyperEVM, Solana, and Tron.

$DEAD is a deflationary ERC-20 token with a fixed hard cap of 1 billion. No new tokens can ever be minted; supply only decreases through two on-chain burn sinks: minting $uDEAD (permanently burns $DEAD at a 2:1 ratio) and Grave Digging (burns 40% of reclaimed tokens from long-inactive wallets). $DEAD uses LayerZero OFT for cross-chain transfers.

How do $uDEAD dividends work?

$uDEAD is minted by permanently burning $DEAD at a 2:1 ratio (burn 2 $DEAD to mint 1 $uDEAD). Holders receive automatic ETH dividends streamed directly to their wallets from ecosystem revenue — trading fees, USDeAD vault exit fees (50% of the 1% exit fee), and USDeAD liquidation surpluses. No staking, no claiming — dividends stream automatically. Because total $uDEAD supply can only shrink, your share percentage grows over time.

What is USDeAD and how is it backed?

USDeAD is an over-collateralized ETH-backed decentralized stablecoin. It is minted by depositing WETH, wstETH, or rETH into a vault. The recommended collateral ratio is 200%; vaults below the 115% liquidation threshold become liquidatable by any user (permissionless, no grace period). The protocol charges 0% interest — only a one-time 1% exit fee, 50% of which streams to $uDEAD holders and 50% to the treasury.

What is the Deaderal Reserve Protocol?

The Deaderal Reserve Protocol (DRP) is the open, Liquity-inspired CDP protocol behind USDeAD. It consists of two core contracts: the DeaderalReserveProtocol contract (manages vaults, deposits, mints, repayments, and the liquidation lifecycle) and the Stability Pool (absorbs liquidated debt and distributes collateral gains to USDeAD depositors). Official docs: https://usdocs.dead.box/

On which chains is DEADBOX available?

DEADBOX is live on 7 EVM chains: Base (primary), Ethereum, Arbitrum, Optimism, BNB Chain, Scroll, and MegaETH. Cross-chain $DEAD / $uDEAD transfers use LayerZero OFT. USDeAD vault operations are live on Ethereum, Base, Arbitrum, Optimism, Scroll, and MegaETH (in public beta); USDeAD itself additionally bridges as a non-lending token to BNB Chain, Monad, HyperEVM, Solana, and Tron.

How is the USDeAD liquidation surplus distributed?

When a USDeAD vault is liquidated with surplus collateral above the debt, the surplus is split: 50% to Stability Pool depositors as extra yield, 24% to the Vault Distributor, 12% to the treasury, 12% to $uDEAD holders, and approximately 2% to the liquidator (watchdog) as an incentive.

Learn/Advanced

Revenue Math & Formulas

Understand exactly how your uDEAD earnings are calculated across all revenue streams.

6 min readAdvanced

One of the most powerful aspects of the Deaderal Reserve Protocol is that your earnings are completely transparent and calculable. There are no hidden formulas, no opaque reward pools, and no admin-controlled distributions. Everything is on-chain and verifiable. Here is how the math works.

Revenue Streams

Your $uDEAD earnings come from multiple sources that compound together: (1) uDEAD Trading Tax, a 1% fee on every buy and sell, distributed instantly to holders; (2) USDeAD Exit Fees, a 1% fee charged when borrowers repay loans at us.dead.box — 50% of that fee flows to uDEAD holders, 50% to the DEADBOX Treasury; (3) SwitchBox Fees from the inheritance protocol at theswitch.box; and (4) DeadVault Fees from the encrypted storage service at deadvault.xyz. Each source is independent, meaning even if one product has a slow day, others continue generating revenue.

The Core Formula

Your earnings from any given fee event are calculated as: your_share = (your_uDEAD / total_uDEAD_supply) * total_fees. For example, if you hold 120,000 uDEAD out of a total supply of 120,000,000, your share is 0.1%. If $10,000 in fees are generated in a month, you earn $10. The key insight is that total_uDEAD_supply only ever decreases (it can never increase), so your percentage grows over time even if you never buy another token.

Putting It All Together

Consider a month where: uDEAD trading generates $5,000 in tax fees, USDeAD borrowing generates $3,000 in exit fees, SwitchBox generates $1,500 in inheritance fees, and DeadVault generates $500 in storage fees. Total monthly fees: $10,000. A 0.1% holder earns $10 that month. A 1% holder earns $100. Now imagine the ecosystem at 10x adoption: $100,000 in monthly fees means $100/month for a 0.1% holder and $1,000/month for a 1% holder, all passive, all automatic, all from a position that cost a few hundred dollars to acquire.

Why 0.1% of uDEAD Supply Matters