The daily interest on Yu’e Bao’s 50,000 yuan is 2.8 yuan.

The income generated by Yu'ebao can continue to enjoy income, which means that the income generated today will be included in the principal and generate compound interest.

Yu'e Bao is a balance value-added service and current fund management service product of Ant Financial. It was launched in June 2013. Tianhong Asset Management is the fund manager of Yu'e Bao.

Yu'E Bao is linked to Yu'E Bao Monetary Fund, a subsidiary of Tianhong Asset Management.

It is characterized by simple operation, low threshold, zero handling fee, and you can withdraw money at any time.

The funds that users deposit into Yu'E Bao are actually purchasing monetary funds, so the income from Yu'E Bao is calculated based on monetary funds.

Yu’ebao income = confirmed amount/10,000*10,000 daily income.

The income of 10,000 shares of Yu'ebao is updated every day, so the income of 10,000 shares of Yu'ebao is different on different days, and the daily income of 50,000 shares of Yu'ebao will also be different accordingly.

On January 18, 2022, the income of 10,000 units of Yu'E Bao was 0.5696, so the daily interest on Yu'E Bao of 50,000 yuan is approximately (50,000/10,000) 0.5696 = 2.848 yuan.