LBank to Launch WDS Demand Deposit with an Annualized Yield of 20%

LBank Exchange
1 min readOct 12, 2020


Dear LBank users

In order to reward users and support the listing of WDS, LBank will launch WDS Demand Deposit with an annual return of 20%. Without locking, holding coins to gain interest and settled daily. The details are as follows:

Participation Time: 18:00 on Oct 13, 2020 (UTC+8)

Support Asset: WDS

Annualized Return: 20% (Floating)

Maximum Interest-bearing Amount: with no limit

Minimum Interest-bearing Amount: 100 WDS

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

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 After registration, the assets has been trading or withdrawn will not enter interest calculation of the day.

* The freezing assets due to orders and participation in activities does not affect the interest calculation of demand deposit assets.

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.

Click 「Demand Deposit」to participate

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

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