Dear Cobo Users:
Due to increasing market volatility and higher costs of capital, Cobo Wallet will raise interest rates of the following products starting from 11:00 on July 31, 2020,UTC+8.
The interest of HODL will be raised to 0.04 % daily.
The interest of Lending will be raised to about 0.032% daily, or 12% annualized.
Sorry for any inconvenience this may cause.
If you have any questions, please feel free to reach out at firstname.lastname@example.org.
Thank you for your continued support.
July 29, 2020