LBank to Launch MOYU Staking, Annualized Return up to 80%

Dear LBank users：

 

LBank will launch MOYU Demand Deposit and Fixed Deposit. The details are as follows:

 

• Demand Deposit

Participation Time: 10:00 on Oct 19, 2020 (UTC+8)

Support Asset: MOYU

Currency based income: 30%  (Floating)

Maximum Interest-bearing Amount: with no limit

Minimum Interest-bearing Amount: 100 MOYU

Participation Method: users need to register the assets in the "Demand Deposit " page.

 

* Assets registered in "Demand Deposit" do not affect trading or withdrawal. After registration, the assets has been trading or withdrawn will not enter interest calculation of the day. 

* The freezing assets due to orders and participation in activities does not affect the interest calculation of demand deposit assets.

 Revenue settlement: T+1 calculates interest, T+2 pays interest.

 

• Fixed Deposit

Participation Time: 10:00-12:00 on Oct 19 , 2020 (UTC+8)

Support Asset: MOYU

Lock up cycle: 30 days

Annualized Return: 80% (Floating)

Capital：5,000,000 MOYU

Minimum Interest-bearing Amount: 500 MOYU

 

Participation method: Participate through the "Staking"-"Fixed deposit" page, first come, first served

 

Revenue settlement: T+1 calculates interest, T+2 pays interest.

Unlocking time: After the lock-up time meets the lock-up days, the system will automatically unlock

 

※ End the lockup period, repay capital and interest. Does not support advance unlocking, until the lockup is finished.

 

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If you have problems, please contact LBank official email: [email protected], and we will provide sincere, friendly and immediate service for you. We also welcome you to join LBank.info official English community to discuss the latest issue, (Telegram): https://t.me/LBank_en.