Lnncoin will be updated at 10:00 on April 9th, 2021(UTC+8), which is estimated to last for 6 hours. We apologize for the inconvenience caused. After this, Staking will be opened, and ICP will be launched as the first project of the Staking event. Each user can earn ICP by locking LNN.
Event Period: 08:00 on April 10, 2021-08:00 on April 24, 2021(UTC+8)
Value Time: 08:00 on April 11, 2021-08:00 on April 25, 2021(UTC+8)
Total Output: 6000 ICP
Staking Duration: 14 days
Value Method: Daily Interest = (Total Output / Staking Duration) * Daily Proportion
Interest Distribution: The daily interest will be issued to the account the next day.
Redemption Lock-up Period: The locked tokens will be released after a lock-up period if the event has ended or the user redeems in advance. The lock-up period of this event is 2 days.
● The minimum lock amount of each time is 200LNN ;
● The user can participate at any time during the event period, and the locked tokens can be redeemed at any time before the end of value time, but cannot be redeemed in batches;
● If the user redeems in advance, the interest on the day will not be counted;
● Total Locked refers to the total locked amount of all users participating in the event. Proportion refers to the proportion of each user's locked amount to Total Locked. Daily Yield On 10k Units refers to the ICP interest that can be obtained for every 0.01% proportion per day.
Risk warning: Digital assets are a new type of investment product with large price fluctuations. Please judge your investment capacity rationally and make decisions prudently; Lnncoin will not be responsible for any losses caused by your own investment behavior.
Thanks for your attention and support to LNN!
April 09, 2021