Announcement: VNDC adjusts interest rate of LUA token

Announcement: VNDC adjusts interest rate of LUA token

As a token of great interest to many investors and VNDC Wallet users, LUA is in a rapid development process since its launch. This is a token that a lot of VNDC users invest and hold, and receive Staking Daily interest. VNDC will proceed to adjust the interest rate of LUA from 0:00 pm on 10/12/2020.

Specifically, customers holding LUA on VNDC Wallet will be paid interest at 00:00 daily with an interest rate of 0.059% per day (equivalent to 24% per year) when owning at least 10 LUA. The old interest rate was 0.08% per day (equivalent to 33% per year).

About LUA

This is a token that runs on the Luaswap protocol, distributed among liquidity providers to encourage them to stick with the protocol. Owning the token will give the LPs the right to administer the protocol, participate in deciding the next block to join LuaSwap, as well as the next direction of the protocol.

Don’t hesitate to register a VNDC Wallet account to buy/sell, convert, send/receive, or store LUA:

For iPhone users: Apple Store

For Android users: Google Play Store

Matthew A dreamer, an adventure hunter whose life goal is to create big products that help life better. Now, I am building VNDC's products with a dream to become an open financial system for Vietnamese people in the world.