LBank to Launch SAND Staking with an Annualized Yield of 30%

Dear LBank users

In order to reward users, LBank will open SAND Demand Deposit with an annual return of 30%. Without locking, holding coins to gain interest and settled daily. The details are as follows:

Participation Time: 17:00 on April 8, 2021 (UTC+8)

Participation Condition: Users need to complete the KYC verification.

Support Asset: SAND

Annualized Return: 30% (Floating adjustment)

Maximum Interest-bearing Amount: with no limit

Minimum Interest-bearing Amount: account assets are not less than 10 SAND

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 After registration, the assets has been trading or withdrawn will not enter interest calculation of the day.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 has the right of final interpretation of this activity.