POSS Savings Promotion will be available on Oct. 18, 2022 10:00 AM (UTC).
17 Oct 2022, 06:31
POSS Savings Promotion will be available on Oct. 18, 2022 10:00 AM (UTC). Make sure you mark the date and time so you won't miss it!
POSS Savings Promotion will offer 7-day/14-day/30-day basic financial products in POSS.
7-DAY: 40% APY
14-DAY: 90% APY
30-DAY: 150% APY
For example,
1) User A has subscribed for 5,000 POSS with a 30-day lock-up period. After the product matures, the interest earned by user A is 5,000 * 30 * 150% / 365 = 616.43 POSS
• For this savings promotion, the total available subscription volumes of POSS are 80,000 POSS for 7-Day product, 160,000 POSS for 14-Day product and 320,000 POSS for 30-Day product respectively.
• For this Fixed Savings product, the total available subscription volume is 560,000 POSS.