Dear LBank users：
In order to reward users, LBank will open SPONGE Flexible Earn. Without locking, holding SPONGE to gain daily BAM interest. The details are as follows:
Participation Time: May 10 - May 17, 6:00 (UTC)
Stake Asset: SPONGE
Participation Method: users need to find SPONGE assets in the "EARN " page and then click "JOIN NOW".
Minimum Personal Quota: account assets are not less than 70,000 SPONGE
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: 423,728,813,534 $BAM
Daily Prize Pool: 60,532,687,647 $BAM
Maximum Daily Rewards for single users: 2,000,000,000 $BAM
Note:
BAM rewards can be traded/withdrawn at any time and will not be locked.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 After participation, the assets that have been traded or withdrawn will not enter the interest calculation of the day.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 BAM EARN
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LBank reserves the right to final interpretation of this activity.
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If you have problems, please contact LBank official email: service@lbank.info, and we will provide sincere, friendly and immediate service. We also welcome you to join LBank official English community to discuss the latest issue (Telegram): https://t.me/LBank_en.
Risk Warning: