Dear LBank users：
In order to reward users, LBank will open $XRP Flexible Earn. Without locking, holding XRP to gain daily SEC interest. The details are as follows:
Participation Time: June 19th - June 26th 8:00 (UTC)
Stake Asset: XRP
Participation Method: users need to find $XRP assets in the "EARN " page and then click "JOIN NOW".
Minimum Interest-bearing Amount: account assets are not less than 100 $XRP
Annualized Return: 100% - 500% (APY is provided for reference purposes only and will not be used as a basis for the distribution of rewards. The reward will be distributed according to the user's staking proportion )
Revenue settlement: T+1 calculates interest, T+2 pays interest.
Total Prize Pool: 500,000,000,000 $SEC
Daily Prize Pool: 71,428,571,428 $SEC
Maximum Daily Rewards for single users:10,000,000,000 $SEC
Note:
SEC rewards can be traded/withdrawn at any time and will not be locked.
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Assets registered in "Flexible EARN" do not affect trading or withdrawal. After participation, the assets that have been traded or withdrawn will not enter the interest calculation of the day. The amount of gap from previous trading or withdrawal will be released at 2:00 pm every day.
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The freezing assets due to orders and participation in activities does not affect the interest calculation of demand deposit assets.
Click 「JOIN NOW」to participate in XRP EARN
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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