LBank to Launch「LBK 101 Plan」POVE Sale
Dear LBank Users：
To benefit LBK community, LBank will launch the「LBK 101 Plan」 POVE Sale on Nov 3. A total of 2 Million USDT equivalent POVE will be sold in this event, divided into Beneficial sale and LBK special. The foundation commits to a “101% repurchase period” within 3*24 hours of the launch of the trading, the Foundation will carry out the full Buying-order at 101% of the sale price, as follows:
Subscription time：2020.11.03 16:00–18:00 (UTC+8)
Repurchase Cycle: 2020.11.3 20:01–2020.11.6 20:01 (UTC+8)
*Note: the repurchase will only be carried out in this period of time.
POVE Project Details:
Project Name: POVE
Purchase Supply：100,000,000POVE
Subscription Currency：USDT
Subscription Price：1 POVE = 0.02USDT
Subscription Mode: weighted average allocation
Participation Condition: Users need to complete the KYC Verification.
「LBK Special」
Purchase Limit: LBK community will be able to share a special quota equivalent to 1,500,000 USDT. The subscription quota will be set according to the amount of LBK (spot) held by the user within the specified time. Users who
Snapshot Cycle of LBK Holding: From 00:00 on Oct 20 to 00:00 on Nov 3 (UTC+8)
Daily Snapshot Time: Snapshot will be taken at random times during the specified period.
「Welfare Special」
Purchase Limit: Total 500,000 USDT quota. Users who complete the KYC Verification can share a special quota equivalent to 2,000 USDT, which does not conflict with LBK Special.
Trading Open: 20:00 on Nov 3, 2020 (UTC+8)
Withdrawal Enable: 20:00 on Nov 3, 2020 (UTC+8)
Deposit Enable: 20:00 on Nov 6, 2020 (UTC+8)
Trading Pair: POVE/USDT
Subscription Results:
LBank will announce the subscription result within 2 hours after the end of the subscription. The USDT for subscription will be deducted. The actual subscription amount will be calculated within 2 hours and the following processing will be completed:
- Deduct the USDT from the actual subscription;
- Return the rest of USDT except for the deducted USDT;
- Complete the distribution of the subscribed token.
Calculation:
The actual subscription amount of an account = (the effective subscription amount of the account) / (the total subscription amount of the whole platform on the same day) * (the total amount of token available for sale on the same day)
- POVE Introduction
Patent Value Proof Engine refers to decentralized financing that realizes financing and revenue through the collateral, with many intellectual property rights around the world as collateral.
Website: povelab.com
Blockchain Browser: https://etherscan.io/address/0x050eeada6213aa408cb833e1353f5e456810b72f#code
Notice:
Users need to complete KYC Verification and the following countries & regions are not supported in this event: Belarus, the Republic of the Congo, Iran, mainland China, Iraq, North Korea, Sudan, Syria, United States of America and its territories (American Samoa, Guam, northern mariana islands, Puerto Rico and United States virgin islands), Zimbabwe.
* The final interpretation of the activity belongs to LBank.
