LBank to Launch GMC Demand Deposit with an Annualized Yield of 50%

Dear LBank users：

In order to reward users, LBank will open GMC Staking (Demand Deposit) with an annual return of 50%. Without locking, holding coins to gain interest in GOMI. The details are as follows:

Participation Time: 20:00 on December 1, 2020 (UTC+8)

Participation Condition: Users need to complete the KYC verification.

Support Asset: GMC

Annualized Return: 50% (Floating)

Maximum Interest-bearing Amount: with no limit

Minimum Interest-bearing Amount: account assets shall not less than 100 GMC

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

Revenue settlement: T+1 calculates interest, the interest will be distributed each week. The interest is GOMI, 1 GMC=100 GOMI.

Amount update: The amount of gap from the previous trading or withdrawal will be released at 2:00 pm every day.

* 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 After registration, the assets has been trading or withdrawn will not enter interest calculation of the day. For the amount gap will be released at 2:00 pm in the next day.

* The freezing 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.