Dear LBank users,
To reward our users, LBank will launch the AVR Flexible Staking with an annualized rate of return of 77%. Earn daily interest by simply holding the token - no lock-up required! The details are as follows:
Participation Time: 8:00 on August 2nd, 2023 (UTC)
Supported Asset: AVR (Avrora token)
APY: 77% (Floating)
Minimum Personal Quota: 102 AVR
Interest Settlement: Interests will be calculated on T+1 and paid on T+2.
Quota Update: The quota gap on the previous day's「Flexible Staking」will be released at 22:00 on the next day.
*Subscribing in "Flexible Staking" will not affect the assets from trading, withdrawal, or any other normal trading scenarios. After subscription, the assets that have been traded, withdrawn, or reduced by other operations will not be included in the interest calculation of the day. And the caused quota gap will be released at 22:00 the next day. *Assets frozen due to orders and participation in other activities will not affect the interest calculation of those assets.
The use of malicious behavior to obtain profits is strictly prohibited, including the opening of multiple accounts and brush volume, the same IP address multi-account operation and other cheating behavior is found, LBank has the right to cancel the activity participation.
* LBank reserves the right to the final interpretation of this activity.