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/Getting Started

How to Buy Crypto on Base

Step-by-step guide for purchasing your first crypto on the Base chain.

7 min readGetting Started

Base is an Ethereum Layer 2 chain built by Coinbase. It offers fast transactions and low fees while inheriting the security of Ethereum. Here is how to get started buying crypto on Base in four simple steps.

Step 1: Buy ETH on a Centralized Exchange

Create an account on a reputable centralized exchange like Coinbase, Binance, or Kraken. Complete their identity verification process (KYC), then purchase ETH (Ethereum) using your preferred payment method such as bank transfer, credit card, or Apple Pay. ETH is the native currency you will need for gas fees and swapping on Base.

Step 2: Set Up MetaMask

Install the MetaMask browser extension from metamask.io (or the mobile app). Create a new wallet and carefully write down your 12-word seed phrase on paper. Never store it digitally or share it with anyone. This seed phrase is the master key to your funds. Once your wallet is set up, add the Base network to MetaMask (see our Setting Up Your Wallet guide for details).

Step 3: Send ETH to Your Wallet

In MetaMask, copy your wallet address (starts with 0x). Go back to your exchange, navigate to the withdraw or send section, paste your MetaMask address, and send your ETH. Double-check the address before confirming. If your exchange supports Base network withdrawals, select Base as the network to save on fees. Otherwise, send on Ethereum mainnet and bridge in the next step.

Step 4: Bridge to Base (If Needed)

If you sent ETH on Ethereum mainnet, you need to bridge it to Base. Visit bridge.base.org, connect your MetaMask, select the amount to bridge, and confirm. The process takes about 10 minutes. Once your ETH is on Base, you can swap it for any token on Base using a DEX like Uniswap or directly through the DeadBox ecosystem.

Beware of Scams

Never share your seed phrase with anyone. No legitimate service will ever ask for it. Always verify website URLs before connecting your wallet. Bookmark official sites like dead.box and only use links from verified sources. If something sounds too good to be true, it probably is.

What Is Cryptocurrency?

Setting Up Your Wallet