$LEAD Staking Early Access to Launch On Lbank - No Staking Fees and No Unstaking Fees For the First 100m $Lead Token🤑

Francis Obasi
Lead Wallet
Published in
2 min readSep 14, 2020

Dear community 👋

It is with joy I write to inform you of our latest achievements 😃. Although you might have expected more from us, please do understand that we try our best to be as fast as possible in everything we do, while we apply extreme caution in task execution to avoid anything that could possibly compromise our roadmap, product plans and implementations.

I'm glad to inform the community that we've partnered with Lbank to launch our early-access staking programme for the first one hundred million (100,000,000) LEAD scheduled to go live on the 16th of September, 2020. As part of our gratitude to all of you that have continued to support us until now, we've allocated extra four million (4,000,000) LEAD as incentives to the first 100M LEAD staked on the Lbank platform. This means that all stakers will share extra four million (4,000,000) LEAD in proportion to the amount of Lead token staked on the Lbank platform.

Our website is currently undergoing maintenance and standby for our next community announcement.

Rules and Regulations for LEAD Staking Early Access Programme

To participate in this event, visit: https://www.lbank.info to start join the programme, and users are required to observe the rules below while staking Lead token on Lbank.

  1. Users must stake LEAD on the Lbank staking platform and the rewards will also be claimed from the same portal daily.
  2. All stakes qualify for a 1% staking reward daily. And the rewards will be paid out daily.
  3. All stakes will be locked for a minimum of 15 days. After the 15% cycle users will be able to claim their total staked amount.
  4. The four million (4,000,000) LEAD bonus for early stakers will be divided into two and paid in equal halves. At first, two million LEAD will be paid out on the 15th day, while the rest two million will be paid out on the 30th day. The rewards will be distributed in proportion to the amount of LEAD staked.
  5. There is zero staking and unstaking fees. Hence users can freely stake in this early days without any extra cost for staking.
  6. While the deposit and withdrawal function for LEAD will be activated on the 15th of September on Lbank, the early access launch will go live on the 16th of September, 2020.

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