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

Dear LBank users：

In order to reward users, LBank will open POVE 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 November 6, 2020 (UTC+8)

Participation Condition: Users need to complete the KYC verification.

Support Asset: POVE

Annualized Return: 50% (Floating)

Maximum Interest-bearing Amount: with no limit

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

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 After registration, the assets have been trading or withdrawn will not enter the interest calculation of the day.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