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 After registration, the assets has been trading or withdrawn will not enter interest calculation of the day.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: 365% (Floating)
Capital:5,000,000MOYU
Minimum Interest-bearing Amount: 500MOYU
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.