To reward our users, LBank launches a new round of Flexible Staking for GBXT (Gbrick Token). Earn daily interest by simply holding the token - no lock-up required!
The details are as follows:
Flexible Staking for GBXT (Gbrick Token)
Participation Time: 08:00 on June 14th, 2024 (UTC)
APY: 12%
Minimum Personal Quota:300,000 GBXT
Total staking amount: 172,361,000 GBXT
Prize pool: 1,700,000 GBXT
Interest Settlement: Interests will be calculated on T+1 and paid on T+2.
How to Participate: subscribe to the activity on the "LBank Flexible Staking" page.
Quota Update: The quota gap on the previous day's「LBank Flexible Staking」will be released at 22:00 on the next day.
Click「LBank Flexible Staking」to participate
Important Notes
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The revenue of the position is settled with the designated assets of the project, daily income = amount from snapshots * (annualized yield /365);
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Daily snapshots are taken at random, and the settlement income is based on the daily holding value of the daily snapshot. Daily income clearing time is 00: 00 ～ 00: 30, and the position cannot be closed out;
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It is expected that the annualized revenue will be adjusted subject to the actual revenue;
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No freeze on collateral assets, can be traded or withdrawn at any time;
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Start calculating the revenue on T + 1 day , and the daily revenue will be distributed before 18:00 on T + 2 day;
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If the asset balance is less than the minimum, the income on that day will be 0, and if the position closes out on the day, the income will be settled based on the day before closing out.
LBank Community
For any assistance, please contact us at our official email service@lbank.com. We are dedicated to providing quality, professional and prompt support.
Disclaimer: Digital assets are subject to high market risks and price volatility. The value of your investments may fluctuate, and could even lead to a loss of principal. You are solely responsible for your investment decisions, and LBank is not liable for any losses you may incur. You should invest only in products you are familiar with and understand the risks involved. You should carefully consider your investment experience, financial status, investment objectives, and risk tolerance, and consult an independent financial advisor before any investment. Past performance is not a reliable indicator of future performance. Content on the LBank platform does not include advice or recommendations, and should not be construed as financial advice.
LBank reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
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