LBank to Launch NEX Fixed Deposit with an Annualized Yield of 730%

LBank Exchange
1 min readDec 22, 2020

Dear LBank Users:

LBank will launch NEX Fixed Deposit with an annual return of 730%. The details are as follows:

Lock-up period: 7 days (14% interest)

Participation Time: 2020/12/24 16:00- 2020/12/25 16:00 (UTC+8)

Daily return: 2%(floating)

Token: NEX

Annualized Return: 730%(floating)

Total Supply: 50Million NEX

Maximum Interest-bearing Amount: account assets shall not more than 50 Million NEX

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

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

Fixed deposit will be repaid in a lump sum after the lockup period ends, it does not support unlocking in advance and will be automatically unlocked after the end of the locking period.

All the rewards will be provided by the NEX project party.

Click 「Fixed Deposit」to participate

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

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