The Luxury Staking Launches TLB Staking with Up to 40.56% APY
Stake your TLB starting from 2021–04–15 12:00 PM (UTC) to earn up to 40.56% APY.
· Locked Staking Format: First-come, first-served basis.
· Interest Calculation Period: From 0:00 AM (UTC) on the day after Locked staking is confirmed to the end of the corresponding product period.
· Interest Payout Time: On a daily basis
- Users can view their Locked Staking assets by going to Wallets > Savings > Locked Staking.
- The APY is adjusted daily based on the on-chain staking rewards and the specific APY is subject to the page display on the day.
- Unlock period for Locked Staking products: 1 day.
- About early redemption: Users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48–72 hours to receive the tokens.
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Disclaimer: Nothing in this article or theluxurybank.com website is an offer to sell, or the solicitation of an offer to buy, any tokens. The Luxury is publishing this post solely to receive feedback and comments from the public. Nothing in this post should be treated or read as a guarantee or promise of how The Luxury’s business or the tokens will develop or of the utility or value of the tokens. This post and theluxurybank.com website outlines current plans, which could change at its discretion, and the success of which will depend on many factors outside The Luxury’s control, including market-based factors and factors within the data and cryptocurrency industries, among others. Any statements about future events are based solely on The Luxury’s analysis of the issues described in this post or theluxurybank.com website. That analysis may prove to be incorrect.