Announcement that LBank will be merged Part of the leveraged ETF products(2021.3.9)

LBank Exchange
1 min readMar 9, 2021

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Dear LBank users:

As the unit price of some leveraged ETF products is lower than 0.1USDT, the mechanism for combining leveraged ETF product shares is triggered. We will start the share merger mechanism at 11:00 (UTC+8) on 2021/3/9 and merge the corresponding ETF token shares. After the merger, the total assets of users will not be affected in any way.

🚩The combined 100 times ETF varieties include:AXS3S*100,ENJ3S*100

The original 100 token shares of the above varieties will become 1 new token share, and the net value of the new share will become 100 times the original share; the net value conversion is based on the net value at the time of the merger.

⚠️ Attention
* The name, abbreviation and transaction pair of the new share are the same as before the merger.
* The merger operation is expected to be executed for 3 hours. During the merger period, the trading pairs participating in the merger cannot be traded, pending orders are automatically cancelled, and user positions are calculated by the merger algorithm.

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LBank Exchange
LBank Exchange

Written by LBank Exchange

LBank (https://www.lbank.com/) —The World’s Leading Digital Asset Exchange.

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