Announcement of LBank launches 「Pending order & Trade ETF share 5000USDT」
Dear LBank User ：
In order to celebrate the new ETF token, LBank will launch the「Pending order & Trading ETF share 5000USDT」 as follows:
「ETF Pending order Reward」
Total prize pool: 3000 USDT Equivalent LINK3L、LINK3S ETF token
Activity time: 16:00 on August 5–16:00 on August 10（UTC+8）
Promotion trading pairs :BNB3L/USDT、BNB3S/USDT、OKB3L/USDT、OKB3S/USDT、HT3L/USDT、HT3S/USDT
Conditions of participation: KYC certification
Rule of activity:
LBank takes a snapshot of the BNB3L/USDT、BNB3S/USDT、OKB3L/USDT、OKB3S/USDT、HT3L/USDT、HT3S/USDT trading pairs every 5 minutes, records the amount of pending orders for the top 10 buy orders and the top 10 sell orders, then calculates the return, and distribute LINK3L、LINK3S ETF token as rewards on the activity ends. The daily pending order reward for each trading pair is 200USDT equivalent LINK3L、LINK3S ETF token.（BNB3L/USDT and BNB3S/USDT are group；OKB3L/USDT and OKB3S/USDT are group；HT3L/USDT and HT3S/USDT are group）
Reward calculation: The reward coefficient of buying order return is calculated by the amount of the pending order, the weight of the pending order and the time frame, and the selling order return is uniformly calculated with the first sell order price as the calculation price, the weight of the pending order and the time frame to calculate the reward coefficient.
* Reward of the day =a group (amount of pending order * weight of pending order * time frame of pending order) / a group total reward coefficient for the top ten orders *200USDT equivalent LINK3L、LINK3S ETF token
「ETF Trading Reward」
Total prize pool: 2000 USDT equivalent ETF token
Activity time: 16:00 on August 5–16:00 on August 10（UTC+8）
Conditions of participation: KYC certification
Rule of activity:
During the event, if the total transaction volume in the ETF trading area is ≥1000USDT, and ETF tokens equivalent to 2000 USDT can be divided according to the total transaction volume, and reward tokens are subject to the ETF tokens that users trade the most (including all online traded ETF tokens)
NOTES:
1. After the event, the winners will be announced within 7 working days and rewards will be issued；
2. The final interpretation of this activity belongs to LBank.
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