LBank to Launch NEX Staking with an Annualized Yield of 50%

LBank Exchange
2 min readDec 18, 2020


Dear LBank users

In order to reward users, LBank will open NEX Demand Deposit with an annual return of 50%. Without locking, holding coins to gain interest and settled daily. The details are as follows:

Participation Time: 20:00 on December 22, 2020 (UTC+8)

Participation Condition: Users need to complete the KYC verification.

Support Asset: NEX

Annualized Return: 50% (Floating)

Maximum Interest-bearing Amount: account assets shall not more than 50,000,000NEX

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

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

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.

* 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 After registration, the assets has been trading or withdrawn will not enter interest calculation of the day.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.



LBank Exchange

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