Announcement of LBank to Launch DOT Staking with an Annualized Yield of 50%

Dear LBank users

In order to reward users, LBank will launch DOT staking with an annualized yield of 50%. Without locking, holding coins to gain interest and settled daily. The details are as follows:

Fixed Deposit

Participation Time: 16:00 on Dec. 10–16:00 on Dec. 11, 2020 (UTC+8)

Locked Time: 7 days

Participation Condition: Users need to complete the KYC verification.

Support Asset: DOT

Annualized Return: 50%

Maximum Interest-bearing Amount: no limit

Minimum Interest-bearing Amount: 1 DOT

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

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

Unlocking time: After the lock-up time is over, the system will automatically unlock the asset.

Demand Deposit

Participation Time: 16:00 on Dec. 10 (UTC+8)

Participation Condition: Users need to complete the KYC verification.

Support Asset: DOT

Annualized Return: 16% (Floating)

Maximum Interest-bearing Amount: no limit

Minimum Interest-bearing Amount: 1 DOT

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

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

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 After registration, assets having been traded or withdrawn will not enter interest calculation of the day.

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

Click 「Demand Deposit」to participate

* LBank reserves the right of final interpretation of this activity.

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