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

Setting Up Your Wallet

Install MetaMask, secure your seed phrase, and add the Base network.

5 min readGetting Started

MetaMask is the most popular browser wallet for interacting with Ethereum and its Layer 2 chains like Base. Setting it up takes just a few minutes, but securing it properly is critical for protecting your funds.

Installing MetaMask

Visit metamask.io and download the official browser extension for Chrome, Firefox, Brave, or Edge. You can also install the MetaMask mobile app on iOS or Android.
Click "Create a New Wallet" and set a strong password. This password locks MetaMask on your device but is not your recovery method.
MetaMask will display your 12-word seed phrase (also called a recovery phrase). Write it down on paper and store it in a safe place. This phrase is the only way to recover your wallet if you lose access to your device.
Confirm your seed phrase by selecting the words in the correct order. Once confirmed, your wallet is ready to use.

Seed Phrase Security

Your seed phrase is the master key to all your funds. Never store it in a screenshot, notes app, email, or cloud storage. Never enter it on any website. Write it on paper and keep it in a secure physical location. Consider using a metal backup for fire and water resistance. If anyone asks for your seed phrase, it is a scam, no exceptions.

Adding the Base Network

To interact with DeadBox, you need Base network in MetaMask. The easiest way is to visit chainlist.org, search for "Base", and click "Add to MetaMask". Alternatively, you can add it manually: go to MetaMask Settings, then Networks, then Add Network, and enter: Network Name: Base, RPC URL: https://mainnet.base.org, Chain ID: 8453, Currency Symbol: ETH, Block Explorer: https://basescan.org. Once added, switch to the Base network from the network dropdown in MetaMask.

How to Buy Crypto on Base

Connecting to DeadBox