LBank to Launch CDB Demand Deposit with an Annualized Yield of 20%
Dear LBank users：
In order to reward users and support the listing of CDB, LBank will launch CDB Demand Deposit with an annual return of 20%. Without locking, holding coins to gain interest and settled daily. The details are as follows:
Participation Time: 18:00 on Oct 1, 2020 (UTC+8)
Participation Condition: Users need to complete the KYC verification.
Support Asset: CDB
Annualized Return: 20% (Floating)
Maximum Interest-bearing Amount: with no limit
Minimum Interest-bearing Amount: 10 CDB
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 After registration, the assets has been trading or withdrawn will not enter interest calculation of the day.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.
Amount update: The amount of gap from the previous trading or withdrawal will be released at 2:00 pm every day.
Click 「Demand Deposit」to participate
* LBank reserves the right of final interpretation of this activity.