SBBank - Earning Interest on your Steem Backed Dollars (SBD)
So you want to earn some interest on your hard earned SBD that you have sitting around but are not sure how?
Today an exciting new venture was released called SBBank. SBBank is now accepting Steem Backed Dollar deposits of 200 SBD or more in return for monthly interest payments which can be paid to your nominated Steem address, or added to your deposit balance and compounded. The minimum deposit term is one calendar month.
This initiative has been set up by @bulleth, @scaredycatguide and @techblogger (locke) where you can earn a decent ROI on your deposit of SBD.
Deposit Rates
- 0200-0999 SBD - 10% per annum (0.83% per calendar month)
- 1000-2499 SBD - 11% per annum (0.91% per calendar month)
- 2500-5000 SBD - 12% per annum (1% per calendar month)
Deposits in excess of 5000 SBD will be paid 12% per annum, plus a discretionary bonus rate that will vary from month to month.
Want to know more?
SBBanks's inaugural post with explicit instructions can be found ---> HERE or you can connect with the team behind this project in the SBBank Discord Channel.
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