LBank to Launch USDT Fixed Deposit with an Annualized Yield of 100%
Dear LBank Users:
LBank will launch USDT Fixed Deposit with an annual return of 100%. The details are as follows:
Participation Time: 2021/04/29 16:00- 2021/04/29 18:00 (UTC+8)
Participation Condition: Users need to complete the KYC verification.
Token: USDT
Annualized Return: 100%
Lock-up period: 7 days
Entry limit: Average of daily USDT snapshots for the period April 19 — April 28
Snapshot period: 19 April — 28 April
Snapshot method: Random daily snapshot
Total Supply : 500,000 USDT
Subscription Mode: weighted average allocation
Participation Method: users need to register the assets in the “Demand Deposit “ page.
Settlement: The interest earned on the Regular Coin Dividend will be repaid in a lump sum at the end of the lock-up period. The fixed term coin bearing interest does not support early unlocking and will only be automatically unlocked at the end of the lock-up period.
※ LBank will announce the subscription result within 2 hours after the end of the subscription. The USDT for the subscription will be deducted. The actual subscription amount will be calculated within 2 hours and the following processing will be completed:
1 Deduct the USDT from the actual subscription;
2 Return the rest of USDT except for the deducted USDT。
Participation method: Participate through the “Staking”-”Fixed deposit” page.
The 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.
Click 「Fixed Deposit」to participate
- LBank reserves the right of final interpretation of this activity.
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