LBank to Launch a Voting Activity to Open the Trading Function of the LBK of users’ lock position
Dear LBank users:
Recently, LBank received feedback from most community users, and proposed to open the trading function of the LBK part of the user’s locked position，after careful discussion with many community members and community nodes, the LBank operation team decided to initiate a voting campaign to open the trading function of the LBK of the user’s locked position，All users who hold LBK spot assets can participate in the vote. We will strictly follow and execute the results of the vote after the vote.
Voting Time: April 27, 2020, 20:00-May 6, 2020 20:00 (UTC+8)
Voting Token: Spot LBK
Voting Method：Voting is limited to the use of LBK spot assets, and users can vote for any method they accept, and there is no limit on the number of single votes.
Selection Criteria: Adhering to the concept of “community autonomy”, the voting option with the highest number of votes at the time of voting is the only voting result of this voting activity and is implemented;
Voting LBK Status：The LBK participating in the voting is frozen during the event, we will return it within three days after the end of all voting.
Tips：The LBK that is locked in the voting will also be counted in the snapshot position used to calculate the release rate of the LBK. The dynamic release rate of the LBK will not slow down due to participation in the voting lock.
Note:
1. The LBK of the user’s locked position will be converted 1: 1 to LBK-L, the asset cannot participate in spot transactions, withdrawals, etc .;
2. LBK-L is equivalent to the lock position part LBK, LBK-L will be converted into LBK according to the user’s initial LBK release time and release rules;
3. Users who did not participate in the initial subscription of LBK, after participating in the transaction of this asset, the resulting LBK-L will not be released according to the LBK spot position, but only for trading;
4. If there are cheating and illegal activities, we will directly cancel the voting qualification of relevant voters;
* The final interpretation of this event belongs to the LBank team.
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